1. Connecticut
  2. Norwich
  3. 82 Salem Turnpike
$499,900

82 Salem Turnpike, Norwich, CT 06360

  • 4 beds |
  • 2 baths |
  • 2,430 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.63acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $206/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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!

Listing Status:
Active
Date Added:
July 21, 2025 at 07:24PM
Listing Office:
William Pitt Sotheby's Int'l : (860) 536-5900
Listing Agent:
Natascia Klimas : (860) 930-4405
MLS ID:
24113228
  • Basement: Full
  • A/C: Ductless
  • Heating: Hot AirNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Natascia Klimas, William Pitt Sotheby's Int'l

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas W. Mahan School

94 Salem Tpke, Norwich, CT, 06360

Grades PK-5

0.11 miles away

T

Teachers' Memorial Global Studies Magnet Middle School

15 Teachers Dr, Norwich, CT, 06360

Grades 6-8

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.