3-Unit Triplex with
New
For Sale
$369,000
Pending
2 Peggy Ln, Norwich, CT 06360
Two apartments are vacant, and the third received a full renovation in 2026.
Property Size2,440 SF
Days on Market4
Property Features for 2 Peggy Ln
General Information
Standard status
Pending
Size
2,440 SF
Property subtype
Multi Family
Units
Multifamily Units
3
Individually Metered Utilities
electricity
Additional Details
Utilities to Site
Yes
Building Details
Building Size
2,440 SF
Year Built
1959
Buildings
1
Listing Agency:
Compass Connecticut, LLC
Listed By:
Jason Pollard · License #RES.0819432
(860) 287-1976
Source:
Elliman
Added: Oct 28
Last Checked: Oct 30 at 3:50PM
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 Compass Connecticut, LLC
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Investment Insights
Based on property information with market context.
This 1959 triplex has three separately metered units and a 400-amp electrical service. Two apartments are vacant; Unit 1 was fully renovated in 2026 with a new kitchen and appliances, updated flooring, and fresh paint. The property also includes an extra-deep garage with a loft and off-street parking.
Building work includes a new roof in 2024, conversion from oil to natural gas, and installation of a gas boiler and water heater. Other improvements include window replacements, siding repairs and repainting, new gutters with guards, and sewer line maintenance.
Nearby destinations include a local park, Backus Hospital, area casinos, and Norwich Free Academy.
Building work includes a new roof in 2024, conversion from oil to natural gas, and installation of a gas boiler and water heater. Other improvements include window replacements, siding repairs and repainting, new gutters with guards, and sewer line maintenance.
Nearby destinations include a local park, Backus Hospital, area casinos, and Norwich Free Academy.
Key Highlights
- Three‑family property with two vacant units
- Unit 1 renovated in 2026 with a new kitchen and appliances, updated flooring, and fresh paint
- New roof installed in 2024
Property Analytics
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are vacant, and the third received a full renovation in 2026.
Where is this triplex located?
The property is located at 2 Peggy Ln Norwich, CT.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Three‑family property with two vacant units; Unit 1 renovated in 2026 with a new kitchen and appliances, updated flooring, and fresh paint; New roof installed in 2024
