Norwich, CT 06380,49 Merchants Avenue

$340,000

Est. payment /mo

$325,000

4.6%
Est.Price: ?

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49 Merchants Avenue Norwich, CT 06380

8 Beds

2 Baths

1,590 SqFt

SOLD DATE : 09/24/2025

Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,590 sqft

Price per Sqft $213

MLS Listing ID 24117080

Sold Date 09/24/25

Style Units on different Floors

Bedrooms 8

Full Baths 2

Year Built 1926

Annual Tax Amount $6,221

Lot Size 0.700 Acres

Property Sub-Type 2 Family

Property Description

$$ EXCELLENT Investment opportunity $$ This charming home is an upper and lower style duplex with spacious living areas. Each unit has 4 large bedrooms, a Family Room, a living room, Eat-In style Kitchen, and separate porches. Bottom unit porch is enclosed. Property has PLENTY of off street parking. Each unit has basement W/D hookups along with plenty of storage options. LOTS of extra $$ income potential here! $$ ESPECIALLY with the 2 garages. A separate 2-Bay, and a separate 6-Bay Garage sits on the property border!! Property has many new updates, including new cabinets and flooring on one level, and updated wiring on the other level, 100 amp electrical service; new roof and also brand new boiler system that was just recently installed as well. Location is close to I 395 corridors, and all local shopping amenities and nearby to public schools. There is a local basketball court and park just a 5min walk down the street. You do not want to miss out on this unique rental opportunity and at this valued price, you should definitely come on out and look.

Location

State CT

County New London

Zoning R-20

Rooms

Basement Full, Shared Basement, Storage, Interior Access, Walk-out, Concrete Floor, Full With Walk-Out

Interior

Heating Baseboard

Cooling Ceiling Fans

Exterior

Exterior Feature Porch-Enclosed, Porch

Parking Features Detached Garage

Garage Spaces 8.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Gable

Building

Lot Description Level Lot

Foundation Concrete, Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Heather Perry • Asset Real Estate
Bought with Rose Maguire • Coldwell Banker Realty
Charles Nedder

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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