Back 7 Otis Street
Off Market

7 Otis Street

Norwich CT 06360

3
1464 sq. ft.
0.41 ac.
Multi-Family
Last sold for $350,000
Constance HowardConstance Howard, last sold this property on 02 September 2025 after 745 days on market.

Overview

2 Commercial buildings situated on 0.41 acres 1/2 mile north of downtown Norwich in an Historic District. Building 1: Total of 2,099 SF with enclosed porch. 1st Floor is 442 SF, 2 offices, 2 bathrooms and 3 car garage. 2nd Floor is 1,022 SF, with 1 1/2 bathrooms. Building 2: Total of 7,042 SF, 2 stories with full basement. First and second floor approximately 2,354 SF each. 1 1/2 baths, granite entry, hardwood floors. Handicap accessible. Front porch with view of St. Patrick's Cathedral. Numerous antique fireplace, hardwood floors. Beautiful landscaping and grounds. Historic District. All offers subject to bankruptcy court approval.

Features

3 carspaces
3 garage spaces
1464 sq. ft. floor area
0.41 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Norwich over the last 12 months, the estimated median property value of 7 Otis Street is $309.95k.

Median value
$309.95k
Estimated value range
$191.5k - $830k
Median days on market
37
Estimated value trend
-32%
decrease 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 7 Otis Street

2025
Sold
$350,000
02 Sep 2025 by Constance Howard, of US Properties

Happy sellers in Norwich

93%
93% 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 8 reviews in Norwich over the last 12 months.

Local market activity for multi families in Norwich

In the last 12 months, 3 multi families similar to 7 Otis Street, have been sold.

This represents a 60% increase in multi families sales when compared to the previous 12 months.

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