multifamily
4,146 SF 3 Family
142 Broad Street
Norwich, Connecticut 06360
Price
$535,000
Price/SF
$129.04/SF
Building Size
4,146 SF
Lot Size
0.25 acres
Year Built
1873
Units
3
Property Description
Rare opportunity to own a beautifully renovated historic multi-family in Norwich with strong income potential and modern tenant-pleasing features! Currently a fully occupied 2-family with excellent rental history, this gem has zoning approval already in place to convert to a 3-family, unlocking even greater cash flow. There are existing stamped drawings with the layout ready to build. Apartments 1 and 2 have 2 generous bedrooms, abundant natural light from oversized windows, and cozy wood-burning fireplaces for added warmth and charm. Tenants enjoy year-round comfort with individual heating and cooling systems (mini-split/heat pump setups), plus the huge convenience of in-unit laundry a major draw for today's renters! Built in the 1800s and meticulously updated with contemporary finishes while preserving its Victorian elegance, the home features gleaming hardwood floors, elegant trim, built-ins, and modern systems throughout. Additional perks include ample storage in the basement and garage, off-street parking, and a prime location near downtown Norwich, schools, and amenities. Ideal for investors looking to expand or owner-occupants who want to live in one unit and offset costs with rental income. With in-unit laundry, fireplaces, bright layouts, and conversion potential, this property checks all the boxes for desirability and profitability.
Additional Details
Zoning
MF
MLS Number
24158084
Property ID
222f479d-c78c-4fbb-8f03-0fdc3d1f3ad8
MLS Information
MLS#: 24158084
Listed by: Berkshire Hathaway NE Prop.
Agent: Tracy ODonnell • (401) 480-9515 • tracyodonnell@bhhsne.com
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