$535,000

142 Broad Street, Norwich, CT 06360

  • 5 beds |
  • 4 baths |
  • 4,146 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1873
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Date Added:
March 16, 2026
Data Last Updated:
June 27, 2026 at 4:50AM
Listing Office:
Berkshire Hathaway NE Prop. : (860) 536-4906
Listing Agent:
Tracy ODonnell : (401) 480-9515
MLS ID:
24158084
  • Laundry: All Units Have Hook-Ups
  • Basement: FullUnfinished
  • A/C: Ceiling FansDuctlessHeat Pump
  • Heating: SteamElectricGas In Street
  • Fireplace: Fireplaces: 3
  • General: PorchDeck
  • Style: Units on different Floors
  • Parking: Parking spaces: 2
  • Roofing: Asphalt Shingle
  • County: New London
  • Driveway: PrivatePaved
  • Zoning: MF2032469
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Tracy ODonnell , Berkshire Hathaway NE Prop.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location