82 Salem Turnpike Norwich, CT 06360
East Great Plains NeighborhoodEstimated payment $3,305/month
Total Views
8,078
4
Beds
2
Baths
2,430
Sq Ft
$200
Price per Sq Ft
Highlights
- Attic
- Accessible Ramps
- Level Lot
About This Home
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! *since the property is Mixed Use, this will not go government financing. Cash/conventional only*
Listing Agent
William Pitt Sotheby's Int'l License #RES.0808873 Listed on: 07/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,194
Year Built
- Built in 1900
Lot Details
- 0.63 Acre Lot
- Level Lot
Parking
- 15 Parking Spaces
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,430 Sq Ft Home
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessible Ramps
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 2024337
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,194 | $235,400 | $176,800 | $58,600 |
| 2024 | $7,827 | $235,400 | $176,800 | $58,600 |
| 2023 | $10,981 | $262,400 | $168,400 | $94,000 |
| 2022 | $11,068 | $262,400 | $168,400 | $94,000 |
| 2021 | $11,113 | $262,400 | $168,400 | $94,000 |
| 2020 | $11,121 | $262,400 | $168,400 | $94,000 |
| 2019 | $10,664 | $262,400 | $168,400 | $94,000 |
| 2018 | $7,624 | $183,900 | $103,700 | $80,200 |
| 2017 | $7,479 | $183,900 | $103,700 | $80,200 |
| 2016 | $7,667 | $183,900 | $103,700 | $80,200 |
| 2015 | $7,612 | $183,900 | $103,700 | $80,200 |
| 2014 | $7,179 | $183,900 | $103,700 | $80,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $484,900 | -3.0% | $200 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $499,900 | +25.0% | $206 / Sq Ft |
| 04/26/2024 04/26/24 | Sold | $400,000 | +2.6% | $136 / Sq Ft |
| 03/11/2024 03/11/24 | For Sale | $389,900 | 0.0% | $133 / Sq Ft |
| 07/18/2016 07/18/16 | Rented | $775 | 0.0% | -- |
| 07/05/2016 07/05/16 | Under Contract | -- | -- | -- |
| 06/13/2016 06/13/16 | For Rent | $775 | -3.1% | -- |
| 04/02/2012 04/02/12 | Rented | $800 | 0.0% | -- |
| 04/02/2012 04/02/12 | Under Contract | -- | -- | -- |
| 10/31/2011 10/31/11 | For Rent | $800 | -- | -- |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | $575,000 | -- | |
| Warranty Deed | $575,000 | -- | |
| Not Resolvable | $65,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $125,000 | Commercial | |
| Previous Owner | $27,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: SmartMLS
MLS Number: 24113228
APN: NORW-000115-000001-000043
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