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Off market
  • $270,500

    228 Broad St, Norwich, CT 06360

    4beds
    2,218sqft
    MultiFamily
    Built in 1875
    -- sqft lot
    $270,500 Zestimate®
    $122/sqft
    $2,184 Estimated rent

    Home value

    $270,500

    $227,000 - $314,000

    $2,184/mo

    Zestimate® history
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    Owner options

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    $2,184/mo

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    Rent Zestimate®

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    $1,809/mo

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    $1,809/mo

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    What's special

    Perfect 2 family for investor or owner occupant. Each unit has its own separate utilities. One unit in good condition , other unit needs some updating. New gas heating system in upper unit. The second unit with Attic has room for expansion. Off street parking. Great income producing property that is ready for the next owner. INVESTORS take notice... Both RENTS come in like clockwork, every MONTH by the 3rd. And it will generate POSITIVE CASH flow from day ONE. Convenient location to schools and highways.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Features
    • Flooring: Concrete
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,218 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    • Waterfront features: Not Applicable
    Lot
    • Size: 0.27 Acres
    • Features: Sloped
    Details
    • Parcel number: NORWM93B5L64
    • Zoning: MF5

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Norwich

    HOA & financial

    Other financial information
    • Total actual rent: 160000

    Other

    Other facts
    • ViewYN: true
    • Sewer: Public Sewer
    • Heating: Baseboard, Natural Gas
    • Roof: Asphalt
    • Basement: Unfinished, Interior Entry, Dirt Floor, Full With Hatchway, Concrete Floor
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • ConstructionMaterials: Frame, Vinyl Siding
    • NumberOfUnitsInCommunity: 2
    • Cooling: Window Unit(s)
    • CommunityFeatures: Golf, Fitness Center, Basketball Court, Medical Facilities, Walk to Bus Lines, Public Transportation, Public Rec Facilities, Commuter Bus
    • FoundationDetails: Stone
    • ParkingFeatures: Driveway, Off Street, Paved
    • GrossIncome: 14592
    • PatioAndPorchFeatures: Porch
    • LotFeatures: Sloped
    • YearBuiltSource: Public Records
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • View: City Views
    • TotalActualRent: 160000.00
    • Zoning: MF5
    • ArchitecturalStyle: Units on different Floors
    • CoListAgentEmail: sally.busch@comcast.net
    • CoListAgentFullName: Sally Busch
    • MlsStatus: Active
    • NetOperatingIncome: 8800
    • OperatingExpense: 5792
    • TaxAnnualAmount: 4391

    Price history

    DateEventPrice
    11/19/2020Listing removed$160,000$72/sqft
    Source: Performance Realty Group #170320879 Report a problem
    9/7/2020Price change$160,000-8.6%$72/sqft
    Source: Performance Realty Group #170320879 Report a problem
    8/3/2020Listed for sale$175,000+191.7%$79/sqft
    Source: Performance Realty Group #170320879 Report a problem
    5/25/2018Sold$60,000-33.3%$27/sqft
    Source: Smart MLS #170043537 Report a problem
    1/12/2018Listed for sale$89,900$41/sqft
    Source: William Raveis Real Estate #170043537 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,682 +5.9%$140,400
    2024$5,363 +22.2%$140,400 +55%
    2023$4,390 0%$90,600
    2022$4,392 -0.3%$90,600
    2021$4,407 +0.4%$90,600
    2020$4,391 +1%$90,600
    2019$4,348 +4.5%$90,600 +5.3%
    2018$4,162 -0.7%$86,000
    2017$4,192 +1.4%$86,000
    2015$4,133 +4.6%$86,000
    2014$3,950 -13.2%$86,000 -39%
    2013$4,550 +3.8%$141,000
    2012$4,385 +7.9%$141,000
    2011$4,065 +2.9%$141,000
    2010$3,951 +3.3%$141,000
    2009$3,823 +43.2%$141,000 +56.7%
    2008$2,669 -11%$90,000
    2007$2,999 +4.1%$90,000
    2006$2,882 +4.1%$90,000
    2005$2,768 +39.6%$90,000 +91.1%
    2003$1,983 +20.8%$47,100 -1.9%
    2001$1,642 $48,000

    Find assessor info on the county website

    Neighborhood: 06360

    Nearby schools

    GreatSchools rating
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