Three-Unit Multifamily
For Sale
Contact for pricing
Pending
283 Laurel Hill Avenue, Norwich, CT 06360
Fully rented property with two apartments, a front commercial space, basement storage, and river-facing decks.
Property SizeContact for details
Days on Market143
Property Features for 283 Laurel Hill Avenue
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
covered and open deck
Building Details
Buildings
1
Listing Agency:
Berkshire Hathaway New England Properties
Listed By:
Gary Peacock · License #CT
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway New England Properties
Investment Insights
Based on property information with market context.
This multifamily property includes a front commercial space and two apartments. The commercial area is currently used as a woodworking shop and may be converted to a one-bedroom, one-bath apartment. It also connects to the basement, which contains three water heaters, three electrical panels, and storage. One apartment offers two bedrooms, one bath, newer laminate flooring, and fresh paint; the other is a larger two-bedroom, one-bath residence. Both apartments have large country eat-in kitchens.
The property is fully rented, with 24–48 hours' notice required for showings. Permitted uses include retail, offices, and clubs. Two off-street parking spaces are provided, while covered and open decks overlook the Thames River.
The property is fully rented, with 24–48 hours' notice required for showings. Permitted uses include retail, offices, and clubs. Two off-street parking spaces are provided, while covered and open decks overlook the Thames River.
Key Highlights
- Three‑unit multifamily configuration with a front commercial space and two apartments
- Front space may be converted to a 1 Bed 1 Bath apartment
- Two 2 Bed 1 Bath apartments, including one larger unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully rented property with two apartments, a front commercial space, basement storage, and river-facing decks.
Where is this multifamily property located?
The property is located at 283 Laurel Hill Avenue Norwich, CT.
What are key features of this property?
This property features: Three‑unit multifamily configuration with a front commercial space and two apartments; Front space may be converted to a 1 Bed 1 Bath apartment; Two 2 Bed 1 Bath apartments, including one larger unit
