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Triplex with Detached Garage
For Sale
$430,000

126 Prospect St, Norwich, CT 06360

Three separate apartments pair with a detached garage, outdoor space, and convenient access to downtown amenities and transportation.

Property Size3,528 SF
Price / SF$121.88
Days on Market10

Property Features for 126 Prospect St

General Information

Standard status Active
Size 3,528 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR, 1 x 2BR, 1 x studio
Multifamily Units 3

Additional Details

Public Transit Yes

Building Details

Year Built 1924
Listing Agency: CENTURY 21 Shutters & Sails
Listed By: Linda Labbe · License #RES.0782058
Source: Themialeteam
Added: Sep 18 Last Checked: Sep 26 at 9:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Shutters & Sails

Investment Insights

Based on property information with market context.

Built in 1924, this triplex includes three distinct apartments: a second-floor three-bedroom unit, a first-floor two-bedroom unit, and a studio positioned at the rear of the first-floor apartment. The upper apartment includes hardwood flooring, an enclosed porch, dining and living rooms, a fireplace, generous closet space, and access to a walk-up attic. The first-floor layout connects the living, dining, and kitchen areas. A detached four-car garage adds storage above, while the roof on both structures was replaced 3 years ago. The property also includes landscaped grounds and a grassy area behind the garage.

Located at 126 Prospect St in Norwich, CT, the property has a Walk Score of 77, a Transit Score of 34, and a Bike Score of 28. Downtown restaurants, a local hospital, bus transportation, shopping, and schools are identified as nearby amenities.

Key Highlights

  • Three‑unit configuration with 3‑bedroom, 2‑bedroom, and studio apartments
  • Detached 4‑car garage with additional storage space upstairs
  • Roof replacement on the home and garage completed 3 years ago

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 06360, CT

37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate apartments pair with a detached garage, outdoor space, and convenient access to downtown amenities and transportation.
Where is this triplex located?
The property is located at 126 Prospect St Norwich, CT.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Three‑unit configuration with 3‑bedroom, 2‑bedroom, and studio apartments; Detached 4‑car garage with additional storage space upstairs; Roof replacement on the home and garage completed 3 years ago
More about this property
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