Rare opportunity to own a beautifully renovated historic multi-family in Norwich with strong income potential and modern tenant-pleasing features! Currently a fully occupied 2-family with excellent rental history, this gem has zoning approval already in place to convert to a 3-family, unlocking even greater cash flow. There are existing stamped drawings with the layout ready to build. Apartments 1 and 2 have 2 generous bedrooms, abundant natural light from oversized windows, and cozy wood-burning fireplaces for added warmth and charm. Tenants enjoy year-round comfort with individual heating and cooling systems (mini-split/heat pump setups), plus the huge convenience of in-unit laundry a major draw for today's renters! Built in the 1800s and meticulously updated with contemporary finishes while preserving its Victorian elegance, the home features gleaming hardwood floors, elegant trim, built-ins, and modern systems throughout. Additional perks include ample storage in the basement and garage, off-street parking, and a prime location near downtown Norwich, schools, and amenities. Ideal for investors looking to expand or owner-occupants who want to live in one unit and offset costs with rental income. With in-unit laundry, fireplaces, bright layouts, and conversion potential, this property checks all the boxes for desirability and profitability.
For sale
Price cut: $15K (4/21)
$535,000
142 Broad Street, Norwich, CT 06360
5beds
4,146sqft
Multi Family
Built in 1873
-- sqft lot
$524,000 Zestimate®
$129/sqft
$-- HOA
What's special
Cozy wood-burning fireplacesElegant trimOff-street parkingModern systems throughoutGenerous bedroomsGleaming hardwood floorsBeautifully renovated historic multi-family
- 108 days |
- 398 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Tracy E. ODonnell (401)480-9515,
Berkshire Hathaway NE Prop. 860-536-4906,
Monik Fontaine 860-303-0994,
Berkshire Hathaway NE Prop.
Source: Smart MLS,MLS#: 24158084
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Steam, Electric, Gas In Street
Cooling
- Ceiling Fan(s), Ductless, Heat Pump
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Basement: Full,Unfinished
- Attic: Walk-up
- Number of fireplaces: 3
Interior area
- Total structure area: 4,146
- Total interior livable area: 4,146 sqft
- Finished area above ground: 4,146
Property
Parking
- Total spaces: 2
- Parking features: Detached, Off Street, Driveway, Private, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck
Lot
- Size: 0.25 Acres
- Features: Sloped
Details
- Parcel number: 2032469
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1873
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Basketball Court, Near Public Transport, Library, Medical Facilities, Park, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $277,800
- Annual tax amount: $11,243
- Date on market: 3/16/2026
Estimated market value
$524,000
$498,000 - $550,000
$2,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Price change | $535,000-2.7%$129/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $550,000+30.3%$133/sqft |
Source: | ||
| 10/22/2025 | Listing removed | $2,100$1/sqft |
Source: | ||
| 10/8/2025 | Listed for rent | $2,100$1/sqft |
Source: | ||
| 6/17/2024 | Listing removed | -- |
Source: Smart MLS #24010762 Report a problem | ||
| 5/1/2024 | Price change | $2,100-16%$1/sqft |
Source: Smart MLS #24010762 Report a problem | ||
| 4/23/2024 | Listed for rent | $2,500$1/sqft |
Source: Smart MLS #24010762 Report a problem | ||
| 4/3/2024 | Sold | $422,000-3.5%$102/sqft |
Source: | ||
| 2/24/2024 | Pending sale | $437,500$106/sqft |
Source: | ||
| 1/19/2024 | Listed for sale | $437,500+98.9%$106/sqft |
Source: | ||
| 7/9/2021 | Sold | $220,000+0.5%$53/sqft |
Source: | ||
| 4/15/2021 | Contingent | $219,000$53/sqft |
Source: | ||
| 2/19/2021 | Listed for sale | $219,000$53/sqft |
Source: | ||
| 10/26/2020 | Listing removed | $219,000$53/sqft |
Source: Sold by Michaela #170332869 Report a problem | ||
| 9/2/2020 | Listed for sale | $219,000+16.5%$53/sqft |
Source: Sold by Michaela #170332869 Report a problem | ||
| 7/26/2010 | Sold | $188,000-12.6%$45/sqft |
Source: Public Record Report a problem | ||
| 2/5/2007 | Sold | $215,000+24.3%$52/sqft |
Source: | ||
| 3/31/1988 | Sold | $173,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,243 +5.9% | $277,800 |
| 2024 | $10,612 +26.6% | $277,800 +60.6% |
| 2023 | $8,382 +38.7% | $173,000 +38.7% |
| 2022 | $6,045 -0.3% | $124,700 +0.1% |
| 2021 | $6,061 +0.3% | $124,600 -0.1% |
| 2020 | $6,044 +1% | $124,700 |
| 2019 | $5,984 -1.1% | $124,700 -0.2% |
| 2018 | $6,049 -0.7% | $125,000 |
| 2017 | $6,093 +1.4% | $125,000 |
| 2015 | $6,008 +4.7% | $125,000 |
| 2014 | $5,741 -11.5% | $125,000 -37.8% |
| 2013 | $6,486 +3.8% | $201,000 |
| 2012 | $6,251 +7.9% | $201,000 |
| 2011 | $5,795 +2.9% | $201,000 |
| 2010 | $5,632 +3.4% | $201,000 |
| 2009 | $5,449 +14.1% | $201,000 +24.8% |
| 2008 | $4,775 -11% | $161,000 |
| 2007 | $5,365 +4.1% | $161,000 |
| 2006 | $5,155 +4.1% | $161,000 |
| 2005 | $4,951 +34.2% | $161,000 +83.8% |
| 2003 | $3,689 +23.1% | $87,600 |
| 2001 | $2,996 | $87,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 3/10John M. Moriarty SchoolGrades: PK-5Distance: 2.7 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Connecticut
- New London County
- Norwich
- 06360
- 142 Broad Street








