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Sold for $500,000
  • $500,000

    1-5 Taftville Occum Road, Norwich, CT 06360

    9beds
    3,798sqft
    Multi Family
    Built in 1875
    -- sqft lot
    $506,400 Zestimate®
    $132/sqft
    $1,658 Estimated rent

    Home value

    $506,400

    $446,000 - $572,000

    $1,658/mo

    Zestimate® history
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    $3,449/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Harrison Graham (860)772-7357,

    IMT Realty 860-213-8333,

    Mary Nasi 860-908-6918,

    IMT Realty

    Bought with:

    Chad Eairheart, RES.0831075

    Carl Guild & Associates

    Source: Smart MLS,MLS#: 24177295MLS Logo

    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: $132/sqft
    • Tax assessed value: $171,900
    • Annual tax amount: $5,984
    • Date on market: 5/20/2026

    Price history

    DateEventPrice
    6/24/2026Sold$500,000+1%$132/sqft
    Source: Smart MLS #24177295 Report a problem
    6/1/2026Pending sale$495,000$130/sqft
    Source: Smart MLS #24177295 Report a problem
    5/20/2026Listed for sale$495,000$130/sqft
    Source: Smart MLS #24177295 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $506,400
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    +$10,128
    With Zillow Showcase(estimated)
    $516,528
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $506,400
    2% more
    +$10,128
    With Zillow Showcase(estimated)
    $516,528