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Three-Unit Property with Detached Garage

126 Prospect Street, Norwich, CT 06360

For Sale
$430,000

Multi-Family For Sale, 3updown - Unit(s) per Floor, Norwich, CT

Property Size3,528 SF
Lot Size0.56 Acres
Price / SF$121.88
Days on Market55

Property Features for 126 Prospect Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 3
Exterior features Sidewalk,Gutters
Fireplace 1
Basement Unfinished, Full, Concrete
Lot features City Views, Lightly Wooded
Elementary school Per Board of Ed
High school Per Board of Ed
Directions GPS Friendly Driveway is a shared driveway. Driveway access is located on the side of the house to the left of the property. Please do not block the driveway. Plenty of parking to pull all the way up and park in the driveway in front of the garages.
Subdivision Greenville
Standard status Active
Size 3,528 SF
Lot size 0.56 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 9227

Utilities

Sewer type Public Sewer
Heating system Steam
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1924
Architectural style Other
Listing Agency: CENTURY 21 Shutters & Sails · Century 21 Real Estate
Listed By: Linda Labbe · License #RES.0782058
Added: Sep 16 Changed: Nov 8 Last Checked: Nov 9 at 5:06AM
MLS# 24206603

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 3,528-square-foot triplex, built in 1924, contains a three-bedroom second-floor apartment, a two-bedroom first-floor apartment, and a studio at the rear of the first-floor unit. Interior features include hardwood flooring, an enclosed kitchen porch, dining and living areas, a fireplace, an attic reached from the second-floor apartment, and basement space. A detached four-car garage provides additional storage, while the property also includes a grassy area and established plantings on its 0.56-acre lot. The home and garage roofs were replaced three years ago.

Located at 126 Prospect Street in Norwich, the property has access to downtown restaurants, a hospital, bus service, shopping, and schools. It is served by public water and public sewer, with steam heat, central air, and window-unit cooling. Zoning is MF. The sale is as-is, with inspections for buyer information only.

Key Highlights

  • Three‑unit layout with 3‑bedroom, 2‑bedroom, and studio apartments
  • 3,528 SF property on a 0.56‑acre lot
  • Detached 4‑car garage with upper‑level storage

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include a studio and two larger apartments, complemented by a detached garage and outdoor space.
Where is this triplex located?
The property is located at 126 Prospect Street 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 layout with 3‑bedroom, 2‑bedroom, and studio apartments; 3,528 SF property on a 0.56‑acre lot; Detached 4‑car garage with upper‑level storage
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