M
Seller's Agent in 2025
Matthew Santurri
Byrnes Real Estate Company
(508) 320-6008
1 in this area
30 Total Sales
78 Mckinley Ave Norwich, CT 06360
Central Norwich Neighborhood
6
Beds
4
Baths
2,773
Sq Ft
3,049
Sq Ft Lot
Highlights
- Attic
- Tankless Water Heater
- Hot Water Heating System
- 1 Fireplace
About This Home
As of July 2025Welcome to your next investment opportunity! Located in the sought-after northern area of Norwich, CT, this fully vacant three-family property is a prime opportunity for investors, contractors, and flippers alike. With three units AND a potential for a fourth, this spacious multifamily features 6 bedrooms and 4 bathrooms. The interior has been mostly gutted to the studs, offering a blank canvas to bring your vision to life. Plus, with newer Navien combi boilers already installed, you can check one big ticket item off the list. This property has plenty of off-street parking and a great location to highways, downtown and casinos, making it a desirable rental to potential tenants. With a high ARV, don't miss out on this incredible value add to your portfolio OR a great opportunity to flip/BRRRR. Private showings start immediately.
Last Agent to Sell the Property
Byrnes Real Estate Company License #RES.0832744 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,698
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Home Design
- Brick Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,773 Sq Ft Home
- 1 Fireplace
- Basement Fills Entire Space Under The House
- Walkup Attic
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Gas Available at Street
- Tankless Water Heater
- Hot Water Circulator
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 2032263
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Jun 25, 2025
Sold by
Norwich Ct Portfolio-Ysv
Bought by
78Mckinley Ave Llc
Seller's Agent
Matthew Santurri
Byrnes Real Estate Company
Buyer's Agent
Kareema Williams
RE/MAX Legends
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.32%
Purchase Details
Closed on
Oct 18, 2024
Sold by
Ct Res Rentals Llc
Bought by
Norwich Ct Portfolio-Ysv
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,075,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2020
Sold by
Ct Affordable Homes Llc
Bought by
Ct Residential Rentals
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 31, 2015
Closed on
Dec 8, 2015
Sold by
Stolhammer Kristopher M
Bought by
Ct Affordable Homes Llc
Seller's Agent
Patricia Williams
William Raveis Real Estate
Buyer's Agent
Jeffrey Lame
IMT Realty
List Price
$139,000
Sold Price
$90,000
Premium/Discount to List
-$49,000
-35.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Purchase Details
Closed on
Oct 10, 2002
Sold by
Duntz Russell K
Bought by
Stolhammer K M and Stolhammer Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,300
Interest Rate
6.24%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 12, 1997
Sold by
Citicorp Mortgage
Bought by
Duntz Russell K and Lamb Steven W
Purchase Details
Closed on
Sep 8, 1993
Sold by
Citicorp Mtg
Bought by
Duntz Russell K
Purchase Details
Closed on
Dec 20, 1989
Sold by
Helen Ninski Est
Bought by
Cleary Eugene
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $287,000 | None Available | |
| Warranty Deed | $287,000 | None Available | |
| Warranty Deed | $287,000 | None Available | |
| Warranty Deed | $103,320 | None Available | |
| Warranty Deed | $103,320 | None Available | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | $147,000 | -- | |
| Warranty Deed | $11,000 | -- | |
| Quit Claim Deed | $65,000 | -- | |
| Quit Claim Deed | $65,000 | -- | |
| Deed | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,075,000 | Purchase Money Mortgage | |
| Previous Owner | $1,125,000 | Purchase Money Mortgage | |
| Previous Owner | $444,000 | Credit Line Revolving | |
| Previous Owner | $132,300 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $195,000 | -2.5% | $70 / Sq Ft |
| 05/31/2025 05/31/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | Price Changed | $199,900 | 0.0% | $72 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $199,900 | -4.8% | $72 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Price Changed | $210,000 | -6.7% | $76 / Sq Ft |
| 02/26/2025 02/26/25 | For Sale | $225,000 | +150.0% | $81 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $90,000 | -35.3% | $38 / Sq Ft |
| 11/11/2015 11/11/15 | Pending | -- | -- | -- |
| 08/31/2015 08/31/15 | For Sale | $139,000 | -- | $59 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,698 | $165,500 | $21,100 | $144,400 |
| 2024 | $6,322 | $165,500 | $21,100 | $144,400 |
| 2023 | $4,324 | $88,900 | $15,000 | $73,900 |
| 2022 | $4,310 | $88,900 | $15,000 | $73,900 |
| 2021 | $4,324 | $88,900 | $15,000 | $73,900 |
| 2020 | $4,309 | $88,900 | $15,000 | $73,900 |
| 2019 | $4,266 | $88,900 | $15,000 | $73,900 |
| 2018 | $4,041 | $83,500 | $17,600 | $65,900 |
| 2017 | $4,070 | $83,500 | $17,600 | $65,900 |
| 2016 | $4,097 | $83,500 | $17,600 | $65,900 |
| 2015 | $4,013 | $83,500 | $17,600 | $65,900 |
| 2014 | $3,835 | $83,500 | $17,600 | $65,900 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Santurri
-
Kareema Williams
Buyer's Agent in 2025
Kareema Williams
RE/MAX
(860) 451-8000
5 in this area
26 Total Sales
-
Patricia Williams
Seller's Agent in 2015
Patricia Williams
William Raveis Real Estate
(603) 369-1069
26 in this area
84 Total Sales
-
Jeffrey Lame
J
Buyer's Agent in 2015
Jeffrey Lame
IMT Realty
(860) 662-4017
1 in this area
4 Total Sales
Map
Source: SmartMLS
MLS Number: 24076556
APN: NORW-000093-000002-000021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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