$$ EXCELLENT Investment opportunity $$ This charming home is an upper and lower style duplex with spacious living areas. Each unit has 4 large bedrooms, a Family Room, a living room, Eat-In style Kitchen, and separate porches. Bottom unit porch is enclosed. Property has PLENTY of off street parking. Each unit has basement W/D hookups along with plenty of storage options. LOTS of extra $$ income potential here! $$ ESPECIALLY with the 2 garages. A separate 2-Bay, and a separate 6-Bay Garage sits on the property border!! Property has many new updates, including new cabinets and flooring on one level, and updated wiring on the other level, 100 amp electrical service; new roof and also brand new boiler system that was just recently installed as well. Location is close to I 395 corridors, and all local shopping amenities and nearby to public schools. There is a local basketball court and park just a 5min walk down the street. You do not want to miss out on this unique rental opportunity and at this valued price, you should definitely come on out and look.
For sale
$325,000
49 Merchants Avenue, Norwich, CT 06380
8beds
3,030sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
Separate porchesPlenty of storage optionsFamily roomEat-in style kitchenUpdated wiringNew roofNew cabinets
- 1 day
- on Zillow |
- 271 |
- 23 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 05:46am
Listed by:
Heather M. Perry,
Asset Real Estate
Source: Smart MLS,MLS#: 24117080

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas, Oil
Cooling
- Ceiling Fan(s)
Appliances
- Included: Water Heater
- Laundry: In Basement
Features
- Basement: Full,Shared Basement,Storage Space,Interior Entry,Walk-Out Access,Concrete
- Attic: Storage,Walk-up
Interior area
- Total structure area: 3,030
- Total interior livable area: 3,030 sqft
- Finished area above ground: 1,590
- Finished area below ground: 1,440
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Garage spaces: 8
Features
- Patio & porch: Enclosed, Porch
Lot
- Size: 0.7 Acres
- Features: Level
Details
- Parcel number: 2413331
- Zoning: R-20
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Other
- Foundation: Concrete Perimeter, Masonry
- Roof: Asphalt,Gable
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Basketball Court, Park
- Subdivision: Taftville
HOA
- Has HOA: No
Location
- Region: Taftville
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $178,700
- Annual tax amount: $6,221
- Date on market: 8/6/2025
- Loading
- Loading