Price cut
$449,000
4 bd · 2 ba · 2,430 sqft · 0.63 acre lot
82 Salem Tpke, Norwich, CT 06360
Multi-family · Built 1900 · $185/sqft ·
$2,952/mo est. payment
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. This property has proven income resource from long and short term rentals, a detached garage and 15-space parking lot (with additional monthly rented parking spot) more 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! Property being sold AS IS. *Since the property is Mixed Use, this will not go government financing. Cash/conventional only*
Facts and features
Bedrooms
- Bedrooms: 4
Other Rooms
- Total Rooms: 11
- Basement Features: Full
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Heating and Cooling
- Cooling Features: Ductless
- Heating Features: Hot Air
- Heating Fuel: Natural Gas
- Heating: Yes
- Number of Fireplaces: 0
- Water Heaters: Upright Tank
Land Info
- Lot Description: Level Lot
- Lot Size Acres: 0.63
- Lot Size Source: Public Records
- Lot Size Square Feet: 27443
Garage and Parking
- Garage Description: Paved, Parking Lot, Off Street Parking
- Parking Total: 15
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Multi-Unit Info
- Number of Units In Community: 3
Schools
- 5
Thomas W. Mahan School
elementary · K-5 · 0.1 mi
- 3
Teachers' Memorial Middle School
middle · 6-8 · 1.4 mi
Wildwood Christian School
elementary · K-8 · 0.3 mi
- 10
Three Rivers Middle College
high · 11-12 · 0.5 mi
Special Needs Program
elementary · K-5 · 0.1 mi
- 3
Uncas Elementary School
elementary · K-5 · 0.9 mi
Price history
- Jul 7, 2026 · Listed$449,000
- Sep 27, 2025 · Listing Removed—
- Aug 14, 2025 · Price Changed$484,900
- Jul 21, 2025 · Listed$499,900
- Apr 24, 2025 · Listing Removed—
- Aug 28, 2024 · Listing Removed—
- Aug 4, 2024 · Listed$475,000
- Mar 10, 2024 · Listed$389,900
Tax history
- 2026$8,039 tax · $235,400 assessed
- 2023$10,981 tax · $262,400 assessed
- 2022$11,068 tax · $262,400 assessed
- 2021$11,113 tax · $262,400 assessed
- 2020$11,121 tax · $262,400 assessed
- 2019$10,664 tax · $262,400 assessed
- 2018$7,624 tax · $183,900 assessed
- 2017$7,479 tax · $183,900 assessed
Home value
$441,164
- Quantarium$441,164
Where it is
Listed by Natascia Klimas · William Pitt Sotheby's Int'l · SMARTMLS
