34 days on market
Under Contract
More about this Property

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61 Williams Street, Norwich CT 06360

Current Price: $455,000

6 beds 4 baths 3755 sq. ft

Last Update: 6/20/2025

Property Type: Multi-Family For Sale

Public Remarks

Investor alert! This solid 3-family property offers strong rental income potential with immediate upside. Ideally located in a well-maintained neighborhood of multi-family and single-family homes, its just a short walk to public transportation and a local hospital-making it an attractive option for tenants. Perfectly blending functionality and charm, this versatile property offers excellent potential for both investors and owner-occupants. The large front unit has been fully renovated and features a spacious layout with a living room, dining room, updated kitchen, 2 bedrooms, 2 full baths, and 2 additional rooms on the third floor-perfect for maximizing rent or adding flexible living space. The two additional units each offer 2 bedrooms, 1 bath, laundry room and a comfortable living space. The first floor unit has also been updated, while the second floor unit presents a value-add opportunity for future improvements and increased cash flow. Rents for both units are currently under market. Additional features include ample rear parking and a storage shed. Low-maintenance exterior and a location that consistently draws tenant interest make this property a smart addition to any investment portfolio. Note that a list of recent repairs and upgrades is included in the MLS documents. Whether youre looking to expand your rental holdings or start building wealth through real estate, this multi-family delivers solid returns and future upside.

The seller has provided photos of Units 2 and 3 that were taken prior to tenant occupancy. Units 2 and 3 have similar floorplans.

Map to Property at 61 Williams Street, Norwich CT 06360


Washington St to Williams St. Go .1 miles, #61 is on the right side, near intersection of Uncas St.

Residential Property Information for 61 Williams Street, Norwich CT 06360

MLS #: 24095004

Style: Units on different Floors

Color: White

Total Rooms:

Bedrooms: 6

Bathrooms: 4

Acres: 0.45

Year Built: 1890 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $8,645

Zoning: MF

Mil Rate:

Assessed Value: $226,300 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3755; below grade sq feet total is ; total sq ft is 3755

Features
Laundry Location & Info: All Units Have Hook-Ups  In each unit, also in basement.
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Exterior Features: Sidewalk,Shed,Porch,Deck
Foundation: Brick,Stone
Roof: Asphalt Shingle
Parking Spaces: 0
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Basketball Court,Commuter Bus,Library,Medical Facilities,Park,Public Transportation,Shopping/Mall,Walk to Bus Lines
Occupied: Tenant
Utility Information

Hot Water System

Heat Type:

Fueled By: Steam.

Cooling: None

Fuel Tank Location: In Basement

Water Service: Public Water Connected

Sewage System: Public Sewer In Street

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Norwich Free Academy

Marketing History

Current List Price: $455,000

Original List Price: $465,000

DOM: 34

Listing Date: 5/14/2025

Last Updated: 6/19/2025 11:23:11 PM

Expected Active Date: 5/16/2025

Listing Agent and Broker

List Agent Name: Barbara Royea

List Office Name: Carl Guild & Associates