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    87 Broad St Norwich, CT 06360

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    For Sale
    $775,000

    Fully remodeled 4-family property with high-end finishes and tenant-paid utilities.

    Lot size:
    0.26 Acres

    Property Features for 87 Broad St

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1860

    Source: VC Property Group, LLC Agent Anthony Velez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multifamily Property For Sale

    This fully remodeled 4-family property is located in a desirable multifamily neighborhood in Connecticut. The property features high-end designer finishes across all four units. Each residence includes custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air. All utilities are tenant paid. A large parking lot is located at the rear of the house, providing ample parking for all tenants. The property offers a turn-key opportunity in a high-demand market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.07614
    Latitude
    41.534035

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    FAQs

    What type of property is this?
    Quadplex - Fully remodeled 4-family property with high-end finishes and tenant-paid utilities.
    Where is this quadplex located?
    The property is located at 87 Broad St Norwich, CT.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Fully remodeled 4-family property with high-end designer finishes in all units.; - Located in a highly desirable multifamily neighborhood in Connecticut.; - Each unit features custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air.
    (860) 300-3102
    Request Owner's contact information
    87 Broad St Norwich, CT 06360
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    Norwich, CT 06360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    87 Broad St Norwich, CT 06360
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