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Three-Unit Townhouse-Style Triplex
For Sale
$299,900

309-311 Asylum Street, Norwich, CT 06360

Occupied triplex with varied layouts, individual heating systems, and separate paved parking areas.

Property Size2,807 SF
Price / SF$106.84
Days on Market12

Property Features for 309-311 Asylum Street

General Information

Standard status Active
Size 2,807 SF
Property subtype 3 Family
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

asphalted parking areas
Video Surveillance

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Leaf Realty Group, LLC
Listed By: Viviana Penson-Rodriguez
Source: Lockandkeyre
Added: Jul 31 Changed: Aug 11 Last Checked: Aug 11 at 6:07AM

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 Leaf Realty Group, LLC

Investment Insights

Based on property information with market context.

This three-unit triplex at 309-311 Asylum Street includes two townhouse-style apartments and a third residence on the ground floor. One unit has been updated. Each apartment is served by its own natural gas boiler and separate electric water heater. The building dates to 1900, and the roof is only a couple of years old.

All three units are occupied, and the property is being offered in as-is condition. Two distinct asphalt parking areas serve the building. The property is near Backus Hospital and the Norwichtown area in Norwich, Connecticut. Video surveillance is in place. Financing is limited to cash or conventional financing because of peeling paint.

Key Highlights

  • Three‑unit property with two townhouse‑style apartments and one ground‑floor unit
  • All three apartments are occupied
  • Separate natural gas boilers and electric water heaters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Auto Repair Shop Building Supply 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

326
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 - Occupied triplex with varied layouts, individual heating systems, and separate paved parking areas.
Where is this triplex located?
The property is located at 309-311 Asylum Street Norwich, CT.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑unit property with two townhouse‑style apartments and one ground‑floor unit; All three apartments are occupied; Separate natural gas boilers and electric water heaters for each unit
More about this property
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