Off market sep 2022 for $895K

—

Est. refi paymentEst. refi $862/mo

•

6,656

sq ft

506 Plain Hill Rd, Norwich, CT 06360

About this home

Rarely available, cash flowing & turn key investment opportunity with a total of 8 units and 17 acres in New London County. This offering consists of: (2) 4 family properties. #506 Plain Hill Rd in Norwich & #508 Plain Hill Rd in Franklin. All units are approx 830 SF w/2 bed/1 bath and have been updated as needed with flooring, fixtures, paint, kitchen and bath updates. Both properties are 100% occupied with stable tenant base. The heat (oil) is landlord paid. The electric is separate & tenant updated (hot water & lights). There is coin-op laundry on site for tenant convenience and additional income. The property has private well water & septic which keeps the expenses LOW! There are also many under market rents which offers the opportunity to increase rents & ADD VALUE! The properties have ample off-street parking and are situated on 17 acres - possible development (buyer to do due diligence). *Note: The property fronts Norwich but the buildings and significant acreage are in the town of Franklin.

Multi-familyProperty Type

1969Year Built

17 acresLot Size

$134Price/Sq.Ft.

Listed by Amanda Faroni-Sheehan • Vanguard Private Client Grp

Bought with Kristin Davis • Northeast Property Group

Source:Smart MLS #170491193

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 06360, CT

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.0%

0.0% MoM

Median sale price

$320K

$20K MoM

Avg. days on market

33d

5 days MoM

Recently sold homes

157

9 MoM

New listings for sale

OPEN TODAY, 1PM TO 3PM
$235,000
3 beds1.5 baths1,302 sq ft
213 Laurel Hill Ave, Norwich, CT 06360
$260,000
4 beds2 baths1,540 sq ft
38 Happy St, Norwich, CT 06360
$429,900
3 beds2 baths2,285 sq ft
84 Plain Hill Rd, Norwich, CT 06360
OPEN SUN, 11AM TO 12:30PM
$440,000
3 beds2 baths1,400 sq ft
6 Nemczuk Dr, Norwich, CT 06360
3D WALKTHROUGH
$459,900
3 beds2 baths2,205 sq ft
15 Lawler Ln, Norwich, CT 06360
$235,000
2 beds1 bath672 sq ft
5 Hamilton Ct, Norwich, CT 06360
OPEN TODAY, 11AM TO 1PM
$309,000
2 beds1 bath1,428 sq ft
25 Dudley St, Norwich, CT 06360
3D WALKTHROUGH
$359,900
2 beds1 bath1,008 sq ft
12 Salem Tpke, Norwich, CT 06360
OPEN TODAY, 10AM TO 12PM
$725,000
7 beds4.5 baths5,418 sq ft
157 Washington St, Norwich, CT 06360
$550,000
8 beds4 baths2,964 sq ft
119 Williams St, Norwich, CT 06360
See all

Provided by Redfin

Sale history for 506 Plain Hill Rd

Tax history for 506 Plain Hill Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2.21 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Vacant Land

County

New London County

APN

2414562

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2023.

R-40

Residence District

The R-80 district are base zoning districts. The purpose of the R-80 district is to establish a district in which the principal use of the land is for low-density residential and agricultural purposes and to encourage the continuance of residential and agricultural uses. To insure that residential development, not having access to public water and sewer, and when dependent on septic tanks for sewage disposal, will occur at sufficiently lower densities to provide for a healthy environment.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Single unit
Infrastructure
Recreation
Park & open space

Property details

Parking

Garage Information
Garage & Parking: Driveway, Off Street Parking

Interior

Virtual Tour Information
Has Virtual Tour

Interior Information
Laundry Room Info: Coin Op Laundry
Cooling System: Window Unit

Bathroom Information
# of Baths (Full): 6

Bedroom Information
Beds Total: 12

Room Information
Basement Description: Full, Unfinished

Exterior

Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Gutters, Lighting

Lot Information
Lot Description: Level Lot, Lightly Wooded

Building Information
Foundation Type: Concrete
Construction Description: Frame
Color: Beige

Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 5 Family+
Living Area SQFT Per Public Record: 0
Driveway Type: Asphalt, Gravel

Financial

Assessments Information
Assessed Value: $36,800

Utilities

Utility Information
Water Source: Private Well
Sewage System: Septic
Hot Water Description: Electric
Heat Type: Baseboard
Heat Fuel Type: Oil
Fuel Tank Location: Above Ground

Location

Multi-Unit Information
Unit Count: 6
Total Rooms Multi Family: 24
Total Number of Units: 8

School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed

Location Information
State: Connecticut
Nearby Amenities: Golf Course, Lake, Medical Facilities, Park, Playground/Tot Lot
Directions: Connecticut Turnpike to Plain Hill Road
County: New London

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.21 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: New London County
APN: 2414562

Home facts updated by county records on Jul 14, 2023

Other

Documents & Disclosures
Supplement Count Public: 2

Around this home

Schools

Samuel Huntington School

Public PreK-5 • Assigned • 3.4mi

2/10

Kelly Middle School

Public 6-8 • Assigned • 3.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Norwich, CT • 06360

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Sell confidently with a local market expert in Norwich. 3 minutes to get started.

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New listings for sale in 06360

OPEN TODAY, 1PM TO 3PM

$235,000

3 beds1.5 baths1,302 sq ft

213 Laurel Hill Ave, Norwich, CT 06360

$260,000

4 beds2 baths1,540 sq ft

38 Happy St, Norwich, CT 06360

$429,900

3 beds2 baths2,285 sq ft

84 Plain Hill Rd, Norwich, CT 06360

OPEN SUN, 11AM TO 12:30PM

$440,000

3 beds2 baths1,400 sq ft

6 Nemczuk Dr, Norwich, CT 06360

3D WALKTHROUGH

$459,900

3 beds2 baths2,205 sq ft

15 Lawler Ln, Norwich, CT 06360

$235,000

2 beds1 bath672 sq ft

5 Hamilton Ct, Norwich, CT 06360

OPEN TODAY, 11AM TO 1PM

$309,000

2 beds1 bath1,428 sq ft

25 Dudley St, Norwich, CT 06360

3D WALKTHROUGH

$359,900

2 beds1 bath1,008 sq ft

12 Salem Tpke, Norwich, CT 06360

OPEN TODAY, 10AM TO 12PM

$725,000

7 beds4.5 baths5,418 sq ft

157 Washington St, Norwich, CT 06360

Home values near 506 Plain Hill Rd

Data from public records.

Address	Redfin Estimate
452 Plain Hill Road, Norwich, CT 4 Beds \| 1 Baths \| 2188 Sq. Ft.	—
510 Plain Hill Road, Norwich, CT 2 Beds \| 1 Baths \| 1352 Sq. Ft.	$310,963

Address	Redfin Estimate
482 Plain Hill Road, Norwich, CT 4 Beds \| 2 Baths \| 2496 Sq. Ft.	$401,410
502 Plain Hill Road, Norwich, CT 3 Beds \| 2.5 Baths \| 3518 Sq. Ft.	$284,567

Address	Redfin Estimate
453 Plain Hill Road, Norwich, CT 4 Beds \| 2 Baths \| 1824 Sq. Ft.	$319,908
495 Plain Hill Road, Norwich, CT 3 Beds \| 1.5 Baths \| 1897 Sq. Ft.	$231,573

Property information provided by Smart MLS when last listed in 2022. This data may not match . Learn more.

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