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.
Features
- Heating System:
- Steam
- Cooling System:
- Ceiling Fans, Heat Pump, Ductless
- Basement:
- Full, Unfinished
- Driveway Type:
- Paved, Private
- Foundation Type:
- Stone
- Heat Fuel Type:
- Electric, Gas In Street
- Exterior Features:
- Deck, Porch
- Exterior Siding:
- Vinyl Siding
- Fireplaces Total:
- 3
- Parking Total Spaces:
- 2
- Hot Water Description:
- 40 Gallon Tank
- Lot Description:
- Sloping Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Broad
- Street Number:
- 142
- Floor Number:
- 0
- Longitude:
- W73° 55′ 33.2”
- Latitude:
- N41° 32′ 2.4”
MLS Addon
- Office Name:
- Berkshire Hathaway NE Prop.
- Agent Name:
- Tracy ODonnell
- List Agent MLSID:
- 842946
- List Office MLSID:
- BHHS61
- Tax Year:
- July 2025-June 2026
- Directions:
- Per GPS
- Elementary School:
- Per Board of Ed
- High School:
- Per Board of Ed
- HOA Fee Amount:
- $0
- Parcel Number:
- 2032469
- Property Tax:
- $11,243
- Zoning:
- MF
Multi-family For Sale
142 Broad, Norwich, 06360
5 Bedrooms
3 Bathrooms
4,146 Sqft
$550,000
Listing ID #24158084
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24158084
- Price :
- $550,000
- Bedrooms :
- 5
- Baths Total :
- 4
- Bathrooms :
- 3
- Half Bathrooms :
- 1
- Square Footage :
- 4,146 Sqft
- Year Built :
- 1873
- Lot Area :
- 0.25 Acre
- City:
- Norwich
- Zipcode:
- 06360
- Property Sub Type :
- 3 Family
- Style :
- Units on different Floors
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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