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Duplex with Month-to-Month Leases
For Sale
$418,925

7 McKinley Avenue, Norwich, CT 06360

Both units are occupied under month-to-month tenancy arrangements.

Property Size1,860 SF
Price / SF$114.68
Days on Market12

Property Features for 7 McKinley Avenue

General Information

Standard status Active
Size 1,860 SF
Property subtype 2 Family

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Building Details

Building Size 1,860 SF
Year Built 1860
Listing Agency: Five Stars Realty
Listed By: Maria Pirulli · License #452508574
Source: Iverty
Added: Aug 21 Changed: Aug 31 Last Checked: Aug 31 at 2:55PM

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 Five Stars Realty

Investment Insights

Based on property information with market context.

This two-unit residential property includes four bedrooms and two bathrooms in each unit, creating a substantial configuration for a duplex. Both residences are currently tenant-occupied under month-to-month leases, allowing the property to remain configured as a rental asset while preserving lease-term flexibility.

Located at 7 McKinley Avenue in Norwich, Connecticut, the property carries MF zoning and was built in 1860. The two-unit layout and matching bedroom-and-bathroom count provide a clear, consistent setup across the building.

Key Highlights

  • Two‑unit duplex configuration
  • Each unit includes 4 bedrooms and 2 bathrooms
  • Both units are tenant‑occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both units are occupied under month-to-month tenancy arrangements.
Where is this duplex located?
The property is located at 7 McKinley Avenue Norwich, CT.
What is the asking price?
The asking price for this property is $418,925.
What are key features of this property?
This property features: Two‑unit duplex configuration; Each unit includes 4 bedrooms and 2 bathrooms; Both units are tenant‑occupied
More about this property
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