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For sale
  • $499,900

    82 Salem Turnpike, Norwich, CT 06360

    4beds
    2,430sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $497,400 Zestimate®
    $206/sqft
    $-- HOA

    What's special

    Incredible opportunity to own a high-visibility, income-generating mixed-use property close to major highways and shopping. With 2,430 sq ft of total space on 0.63 acres, this fully renovated building offers both commercial and residential rental income streams, ideal for investors or owner-occupants. Some features include a fully renovated Commercial unit on the first floor with updated electrical in June 2024, and a new ADA-compliant ramp installed August 2024. This is ideal for retail, office, or service use. The second Floor is a Residential Unit, with 2 bedrooms and 1 bathroom. Recently updated with new windows in April 2025, new flooring and carpet, and upgrades in the kitchen and bathroom. The third floor is also a residential unit - Fully renovated, 2 bedrooms, 1 bathroom currently generating income via Airbnb and medium-term rentals. This property has proven income resource from long and short term rentals, a detached garage and 15-space parking lot with additional land in rear, and ample basement storage for tenant or owner use. This property blends modern updates with solid income potential. Whether you're expanding your portfolio or seeking a flexible live/work investment, this one checks all the boxes!
    16 days
    on Zillow
    |
    259
    |
    8
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    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2025 at 03:40pm

    Listed by:

    The Valentine Team of William Pitt Sotheby's International Realty,

    Natascia Klimas,

    William Pitt Sotheby's Int'l

    Source: Smart MLS,MLS#: 24113228MLS Logo
    Travel times

    Tour with a buyer's agent

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    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ductless
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 2,430
    • Total interior livable area: 2,430 sqft
    • Finished area above ground: 2,430

    Property

    Parking
    • Total spaces: 15
    • Parking features: None, Paved, Parking Lot, Off Street
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Lot
    • Size: 0.63 Acres
    • Features: Level
    Details
    • Parcel number: 2024337
    • Zoning: GC

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Norwich

    Financial & listing details

    • Price per square foot: $206/sqft
    • Tax assessed value: $235,400
    • Annual tax amount: $8,194
    • Date on market: 7/21/2025
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