197 Central Ave

Norwich, CT 06360

$279,000
Price
—
Beds
2,014 Sq. Ft.
$139 / Sq. Ft.
2,014
Sq. Ft.
$139
per Sq. Ft.
Listed By Compass
Listed By Compass
a white building with a large window
a kitchen with a stove and cabinets
a house with a outdoor space
a view of a house with large windows and a small yard
a front view of a house
front view of a house with a yard
a view of empty room with wooden floor
a view of a room with wooden floor
a kitchen with granite countertop white cabinets and stainless steel appliances
a kitchen with granite countertop white cabinets and black appliances
a utility room with dryer and washer
a balcony with wooden floor and outdoor seating
a view of workspace with wooden floor washer and dryer
a view of an empty room
a room with wooden floor pool table and chairs
a living room with furniture and a flat screen tv

Description

Explore this exceptional investment opportunity in Norwich, CT with this versatile mixed-use property. Ideally situated in a busy area, this property offers a unique blend of commercial and residential spaces to suit your investment goals. The main level, presents a rented commercial space to attract customers and thrive as a business spot. There are two 2 BR / 1BA apartments attached and currently occupied by a tenant with a leases in place. This not only provides immediate income but also ensures...Explore this exceptional investment opportunity in Norwich, CT with this versatile mixed-use property. Ideally situated in a busy area, this property offers a unique blend of commercial and residential spaces to suit your investment goals. The main level, presents a rented commercial space to attract customers and thrive as a business spot. There are two 2 BR / 1BA apartments attached and currently occupied by a tenant with a leases in place. This not only provides immediate income but also ensures a seamless transition for the new owner. Seeking a property with residential and commercial income, this opportunity offers the best of both worlds.

Property Details for 197 Central Avenue

Direct Waterfront
No
Expected Active Date
09-02-2025
Garages Number
0
Location
Suburban
Neighborhood
N/A
Style
Apartment
Swimming Pool
No
Expected On Market Date
09-02-2025
LISTING UPDATED: 11/17/2025 12:45 PM

Property Details for 197 Central Avenue

StatusActive
MLS #24118625
Days on Market95
Taxes$2,780 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type-
Year Built1830
Lot Size0.04 AC / 1,742 SF
CountyNew London County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of: .

Add your commute

Virtual Tour

Building Information for 197 Central Avenue

Stories2Residences3Year Built1830Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$1,610 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,379

Property Taxes

$232

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 197 Central Avenue

Summary
Property and Location
  • Directions: per GPS
  • Latitude: 41.532988
  • Longitude: -72.056828
  • State: Connecticut
HOA and Fees
  • Tax Year: July 2025-June 2026
  • Property Tax: $2,780
Interior and Exterior Features
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Flooring: Vinyl
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • New Construction Type: No/Resale
  • Present Use: Multi Family/Commercial
  • Road Frontage Description: Municipal Street
  • Roof: Asphalt Shingle
  • Sq Ft Source: Approximate
  • Year Built: 1830
  • Bank Owned Property: No
  • Sq Ft Residential: 1614
  • Sq Ft Retail: 400
  • Living Area SQFT Per Public Records: 1640
Lot Information
  • Documents Available: None
  • Lot Description: Level Lot, Cleared
  • Parcel Number: 2414932
  • Sq Ft Est Heated Above Grade: 1640.0
  • Sq Ft Total: 2014.0
  • Zoning: MF
Utilities
  • Heat Fuel Type: Electric, Natural Gas
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas, Phone Available, Cable
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
Building Details
  • Number of Restrooms: 2
  • Number of Stories: 2
  • Number of Tenants: 3
Unit 1
  • Unit Average Sq Ft: 400
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 11-03-2025
  • Unit Monthly Rent: $700
  • Unit Type: Retail
Unit 2
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 11-03-2025
  • Unit Monthly Rent: $1,220
  • Unit Type: 1 Bedroom
Unit 3
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 11-03-2025
  • Unit Monthly Rent: $1,400
  • Unit Type: 2 Bedrooms

Public Records for 197 Central Avenue

Taxable ValueLand$15,100Additions$53,600Total$68,700
Tax Record2024$2,780 ($232 / month)
Home Facts
Total Finished SqFt1,640 SqFtAbove Grade Finished SqFt1,640 SqFtUnfinished Basement SqFt1,011 SqFtStories2Lot Size1,742 SqFtStyleMiscellaneous CommercialYear Built1830ZoningMFCountyNEW LONDONAPNNWCH M:94 B:2 L:53

Schools near 197 Central Avenue

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
John B. Stanton School
Public - K to 5
Teachers' Memorial Middle School
Public - 6 to 8
Aba Autism Program
Public - K to 5
Irs Program At Moriarty
Public - K to 2
Rating
School
Distance
John B. Stanton School
PublicK to 5

Teachers' Memorial Middle School
Public6 to 8

Aba Autism Program
PublicK to 5

Irs Program At Moriarty
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 197 Central Avenue, Norwich, CT 06360

197 Central Avenue is a multi-family home for sale in Norwich, CT 06360. This property was listed for sale on October 8, 2025 by Compass, it's currently listed at $279,000. This listing's school district is Norwich School District. Nearby schools include John B. Stanton School, Teachers' Memorial Middle School and Aba Autism Program. 197 Central Avenue is a 0-bed, 3-bath, 2,014 sqft multi-family home built in 1830.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.