Three-Family Residential Income
For Sale
$410,000
116 Taftville Occum Rd, Norwich, CT 06360
Three units in one building with separate utilities, off-street parking, and a third unit above a detached garage.
Property Size2,641 SF
Days on Market51
Property Features for 116 Taftville Occum Rd
General Information
Standard status
Active
Size
2,641 SF
Total Parking Spaces
3
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Building Size
2,641 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Byrnes Real Estate Company
(774) 573-5614
Listed By:
John Lesack
(774) 573-5614
Source:
Elliman
Added: Jun 23
Changed: Aug 10
Last Checked: Aug 11 at 10:21AM
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 Byrnes Real Estate Company
Investment Insights
Based on property information with market context.
This three-family residential income property is arranged with two traditional units in an up-and-down configuration within the main building, plus a third unit located above a detached three-car garage. The listing notes separate utilities for the units, along with off-street parking and dedicated garage space. At closing, one unit is delivered vacant, providing immediate flexibility for owner-occupants or incoming tenants.
The property is positioned in a desirable Norwich rental area with convenient access to downtown, major employers, shopping, restaurants, and highways. Walkability and transit are described as limited, with the area characterized as car-dependent.
Designed for versatility, the building can support an owner-occupant living in one unit while renting the others, or a contractor/investor seeking a multi-unit acquisition with an available unit at closing. With separate utilities and parking/garage features already in place, the configuration supports practical tenant setups across the three residences.
The property is positioned in a desirable Norwich rental area with convenient access to downtown, major employers, shopping, restaurants, and highways. Walkability and transit are described as limited, with the area characterized as car-dependent.
Designed for versatility, the building can support an owner-occupant living in one unit while renting the others, or a contractor/investor seeking a multi-unit acquisition with an available unit at closing. With separate utilities and parking/garage features already in place, the configuration supports practical tenant setups across the three residences.
Key Highlights
- Three‑family property built in 1900 with two units in the main building (up‑and‑down configuration) and a third unit above a detached 3‑car garage
- Separate utilities for the units
- Off‑street parking included
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three units in one building with separate utilities, off-street parking, and a third unit above a detached garage.
Where is this triplex located?
The property is located at 116 Taftville Occum Rd Norwich, CT.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Three‑family property built in 1900 with two units in the main building (up‑and‑down configuration) and a third unit above a detached 3‑car garage; Separate utilities for the units; Off‑street parking included
