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Two- to Three-Unit Residential Income
For Sale
$299,000
Pending

2 Broadway Terrace, Norwich, CT 06360

Well-maintained 2-family with a finished third unit and a fairly new roof, offered for sale in Norwich.

Property Size2,808 SF
Days on Market125

Property Features for 2 Broadway Terrace

General Information

Standard status Pending
Size 2,808 SF
Property subtype 2 Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1930
Listing Agency: Luque Realty LLC
Listed By: Josue DeJesus
Source: Lockandkeyre
Added: May 6 Changed: Aug 8 Last Checked: Jul 23 at 5:45AM

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 Luque Realty LLC

Investment Insights

Based on property information with market context.

This well-maintained two-family residential income property includes an additional finished third unit. The offering is presented as a 2-family with the third unit in place to support expanded rental use, and a fairly new roof is noted in the property remarks.

The property is located in Norwich, with nearby proximity to Norwich Free Academy and Monsignor King Memorial Park, and it is described as minutes to Downtown Norwich.

For sale as a residential income asset with a multi-unit layout, the property should appeal to investors looking for an additional finished unit within the same building.

Key Highlights

  • Well‑maintained 2‑family built in 1930 in Norwich
  • Finished third unit offers potential for additional rental income
  • Fairly new roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Storage Facility Carpet & Flooring Store HVAC Service

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

782
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?
Duplex - Well-maintained 2-family with a finished third unit and a fairly new roof, offered for sale in Norwich.
Where is this duplex located?
The property is located at 2 Broadway Terrace Norwich, CT.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Well‑maintained 2‑family built in 1930 in Norwich; Finished third unit offers potential for additional rental income; Fairly new roof
More about this property
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