Historic Multifamily Conversion
For Sale
$550,000
142 Broad Street, Norwich, CT 06360
Fully occupied 2-family offers in-unit laundry, fireplaces, and approved plans to convert to a 3-family.
Property Size4,146 SF
Price / SF$132.66
Days on Market146
Property Features for 142 Broad Street
General Information
Standard status
Active
Size
4,146 SF
Property subtype
Multi-Family / 3 Family
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
wood-burning fireplaces
basement storage
garage
off-street parking
Building Details
Year Built
1873
Construction
Victorian
Tenancy
Multi
Listing Agency:
BHHS New England Properties
(401) 480-9515
Listed By:
Tracy ODonnell · License #RES.0045129
(401) 480-9515
Source:
Compass
Added: Mar 16
Changed: Jul 21
Last Checked: Aug 7 at 7:12AM
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 BHHS New England Properties
Investment Insights
Based on property information with market context.
This historic multi-family home was built in the 1800s and has been meticulously updated. It is currently configured as a fully occupied 2-family with each unit featuring two bedrooms, bright interiors from oversized windows, and cozy wood-burning fireplaces. Tenant comfort is supported by individual heating and cooling systems using mini-split/heat pump setups, and each unit includes in-unit laundry. Interiors reflect a blend of contemporary updates and preserved character elements such as hardwood floors, detailed trim, and built-ins, with modern systems throughout.
The property has zoning approval in place to convert to a 3-family, and stamped drawings are available with the layout ready to build. Additional practical amenities include ample storage in the basement and garage, along with off-street parking. The home is located near downtown Norwich, schools, and other local amenities.
The property has zoning approval in place to convert to a 3-family, and stamped drawings are available with the layout ready to build. Additional practical amenities include ample storage in the basement and garage, along with off-street parking. The home is located near downtown Norwich, schools, and other local amenities.
Key Highlights
- Fully occupied 2‑family home with approved plans to convert to a 3‑family, plus existing stamped drawings and a build‑ready layout.
- Built in 1873 with three fireplaces total, including wood‑burning fireplaces in Apartments 1 and 2.
- In‑unit laundry hook‑ups for all units.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
443
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied 2-family offers in-unit laundry, fireplaces, and approved plans to convert to a 3-family.
Where is this duplex located?
The property is located at 142 Broad Street Norwich, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully occupied 2‑family home with approved plans to convert to a 3‑family, plus existing stamped drawings and a build‑ready layout.; Built in 1873 with three fireplaces total, including wood‑burning fireplaces in Apartments 1 and 2.; In‑unit laundry hook‑ups for all units.
