Under contract

$495,000

1-5 Taftville Occum Road, Norwich, CT 06360

9beds

3,798sqft

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Multi Family

Built in 1875

-- sqft lot

$-- Zestimate^®

$130/sqft

$-- HOA

What's special

Modern appliancesSpacious layoutsFresh paintUpdated with new flooring

Excellent investment opportunity with strong income potential! This 4-unit multifamily property features a desirable unit mix consisting of Two 3-bedroom units, One 2-bedroom unit, and One 1-bedroom unit - offering flexibility for a wide tenant base and long-term rental stability. Three of the four units have been updated with new flooring, modern appliances, fresh paint, updated faucets, sinks, and contemporary light fixtures. The spacious layouts and updated interiors make these units highly attractive to tenants, while the remaining unit provides an opportunity for additional value-add potential and increased cash flow. Whether you're expanding your portfolio or looking for a solid income-producing asset, this property offers a strong combination of unit diversity, recent improvements, and future upside potential.

41 days

21

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Electric Water Heater, Water Heater
Laundry: None

Features

Basement: Partial,Unfinished,Interior Entry,Dirt Floor
Attic: None
Has fireplace: No

Interior area

Total structure area: 3,798
Total interior livable area: 3,798 sqft
Finished area above ground: 3,798

Property

Parking

Total spaces: 6
Parking features: Driveway, Paved, Off Street, Private, Shared Driveway
Has uncovered spaces: Yes

Features

Waterfront features: Walk to Water

Lot

Size: 6,534 Square Feet

Details

Parcel number: 2033078
Zoning: NC

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Slab, Stone
Roof: Asphalt

Condition

New construction: No
Year built: 1875

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Basketball Court, Near Public Transport, Park, Playground
Subdivision: Occum

HOA

Has HOA: No

Location

Region: Norwich

Financial & listing details

Price per square foot: $130/sqft
Tax assessed value: $171,900
Annual tax amount: $5,984
Date on market: 5/20/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,536/mo

Price history

Date	Event	Price
6/1/2026	Pending sale	$495,000$130/sqft
Source: Smart MLS #24177295 Report a problem
5/20/2026	Listed for sale	$495,000$130/sqft
Source: Smart MLS #24177295 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,984 +4.7%	$171,900
2024	$5,716 +40.9%	$171,900 +78.1%
2023	$4,056 +4.3%	$96,500 +4.7%
2022	$3,889 -0.4%	$92,200
2021	$3,905 -0.1%	$92,200
2020	$3,907 +4.3%	$92,200
2019	$3,747 +7%	$92,200 +9.1%
2018	$3,503 +1.9%	$84,500
2017	$3,437 -1.7%	$84,500
2015	$3,497 +6%	$84,500
2014	$3,299 -33.6%	$84,500 -53.1%
2013	$4,966 +2.6%	$180,000
2012	$4,842 +7.1%	$180,000
2011	$4,522 +3%	$180,000
2010	$4,392 +2.4%	$180,000
2009	$4,291 +13%	$180,000 +40.6%
2008	$3,796 +2.5%	$128,000
2007	$3,703	$128,000

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

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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