142 Broad Street, Norwich, CT 06360 (MLS # 24158084)


Price $535,000
Status Active
Beds 5
Baths 3.5 Baths
Home size 4,146 sqft
Lot Size 10,890 sqft
Days on Market 71
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.
Property Type(s): Multi Family
Last Updated 4/21/2026 Year Built 1873
Garage Spaces 2.0 County New London

SCHOOLS

Elementary School Per Board of Ed
High School Per Board of Ed

Price History

Prior to Apr 21, '26 $550,000
Apr 21, '26 - Today $535,000

Additional Details

AIR Ceiling Fan(s), Ductless, Heat Pump
AIR CONDITIONING Yes
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Steam
LOT 0.25 acre(s)
LOT DESCRIPTION Sloped
PARKING Paved, Off Street, Private, Driveway
SEWER Public Sewer
STYLE Units on different Floors
TAXES 11243
WATER Public
ZONING MF

Location

 

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Listing courtesy of Berkshire Hathaway NE Prop.
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