Back 22 Perkins Avenue
Off Market

22 Perkins Avenue

Norwich CT 06360

7
3
5063 sq. ft.
0.94 ac.
Duplex
Last sold for $475,000
Anthony VelezAnthony Velez, last sold this property on 17 September 2025 after 124 days on market.

Overview

INVESTORS TAKE NOTICE!!!!! Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features (1) 4 Bedroom and (2) 2 Bedroom units, with in-unit laundry and tenant paid utilities. There is also a partially finished 4th unit that is framed out as a large 3 bedroom unit with electric and pluming, which is a massive add value opportunity. This property features all the features you want to see in a multifamily investment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity, with the add value opportunity of adding that 4th unit. DAY 1 yields ~ $1,500 in NET profit after all expenses and mortgage payment, with a 20%+ Proforma ROI. Call today, this won't last long.

Features

7 bedrooms
3 bathrooms
5063 sq. ft. floor area
0.94 ac. lot size
Duplex

Estimated Value

Based on this property and similar 7 bedroom duplexes sold in Norwich over the last 12 months, the estimated median property value of 22 Perkins Avenue is $307.88k.

Median value
$307.88k
Estimated value range
$120k - $500k
Median days on market
15
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norwich. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 22 Perkins Avenue

2025
Sold
$475,000
17 Sep 2025 by Anthony Velez, of VC Property Group, LLC
2023
Sold
$388,759
08 Jun 2023 by Angela Ruel, of Berkshire Hathaway NE Prop.
2022
Sold
$312,500
29 Dec 2022 by Bonnie Yackovetsky, of REMAX Valley Shore | Old Saybrook

Happy sellers in Norwich

94%
94% of sellers in Norwich reported that their sale price either exceeded or met their price expectations.

Norwich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Norwich over the last 12 months.

Local market activity for 7 bedroom duplexes in Norwich

In the last 12 months, 10 seven-bedroom duplexes similar to 22 Perkins Avenue, have been sold.

This represents a 57% decrease in seven-bedroom duplexes sales when compared to the previous 12 months.

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