142 Broad Street

Norwich, CT 06360 Directions
$550,000
  • 5Bed
  • 3/1Baths
  • 4,146Sqft
  • 0.25Acres
  • 1873Built
  • $133Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 17
  • MLS: 24158084

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 17
  • MLS: 24158084

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...

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 17
  • MLS: 24158084

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.

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.

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  • Additional Information
    • Acres: 0.25
    • Attic Description: Unfinished, Walk-up
    • Basement Description: Full, Unfinished
    • Garage: Detached Garage, Off Street Parking, Driveway
    • Garage Count: 2
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 4,146
    • Property Tax: $11,243
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $11,243
    • Unit Count: 3
    • Year Built: 1873
    • Year Built Details: Public Records
    • Zoning: MF
  • Amenities
    • Commuter Bus
    • Library
    • Medical Facilities
    • Park
    • Public Transportation
    • Shopping/Mall
  • Interior Features
    • Air Conditioning: Ceiling Fans, Ductless, Heat Pump
    • Attic: Yes
    • Beds: 5
    • Cooling: Ceiling Fans, Ductless, Heat Pump
    • Fireplaces: 3
    • Full Baths: 3
    • Furnace Type: Electric, Gas In Street
    • Half Baths: 1
    • Heat: Electric, Gas In Street
    • Heat Fuel: Electric, Gas In Street
    • Hot Water: 40 Gallon Tank
    • Laundry Room: All Units Have Hook-Ups
    • Rooms: 19
    • Total Baths: 4
  • Exterior Features
    • Exterior Features: Porch,Deck
    • Exterior Siding: Vinyl Siding
    • House Color: sage
    • Roof: Asphalt Shingle

Listing Courtesy of Tracy ODonnell of Berkshire Hathaway NE Prop.

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