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Three-Unit Multifamily Property
For Sale
$475,000

187 Broad St, Norwich, CT 06360

Well-maintained triplex with separately metered utilities and a vacant unit available for occupancy or leasing.

Property Size2,997 SF
Price / SF$158.49
Days on Market22

Property Features for 187 Broad St

General Information

Standard status Active
Size 2,997 SF
Property subtype Residential Income

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Additional Details

Gross Income $39,600
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $6,393

Building Details

Buildings 1
Listing Agency: Byrnes Real Estate Company
Listed By: John Lesack
Source: Exprealty
Added: Jul 21 Changed: Aug 11 Last Checked: Aug 11 at 7:03AM

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 2,997-square-foot triplex contains three 3-bedroom, 1-bath residences. The property is described as well maintained, with separate gas and electric meters for each unit. Two residences are leased, while the remaining unit will be delivered vacant, providing flexibility for an owner-occupant or a new tenancy.

Located at 187 Broad St in Norwich, Connecticut, the property is also offered as part of a broader portfolio opportunity involving additional buildings in the area. Package options include 67 Peck St, 100 Taftville-Occum Rd, and 116 Taftville-Occum Rd.

Key Highlights

  • Three 3‑bedroom, 1‑bath units
  • 2,997 SF triplex at 187 Broad St, Norwich, CT
  • Units 2 and 3 are currently leased

Property Analytics

Current Use

BluLink Media & Broadcast ... Media Distribution

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy Storage Facility

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

836
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

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 - Well-maintained triplex with separately metered utilities and a vacant unit available for occupancy or leasing.
Where is this triplex located?
The property is located at 187 Broad St Norwich, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three 3‑bedroom, 1‑bath units; 2,997 SF triplex at 187 Broad St, Norwich, CT; Units 2 and 3 are currently leased
More about this property
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