Excellent opportunity to acquire a cash-flowing 3-unit building! This 2,788 SF three-story property consists of two 3-bedroom, 1-bath units, and one 1-bedroom, 1-bathroom all of which have been renovated with updated kitchens, modern bathrooms, new flooring and new roof. Separate, tenant-paid utilities enhance income potential. Additional features include off-street parking. A solid investment with strong cash flow and value-add upside.
Sold for $500,000
$500,000
54 Roath Street, Norwich, CT 06360
7beds
2,788sqft
Multi Family
Built in 1850
-- sqft lot
$388,400 Zestimate®
$179/sqft
$2,057 Estimated rent
Home value
$388,400
$369,000 - $408,000
$2,057/mo
Zestimate® history
Owner options
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$3,382/mo
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List your homeWhat's special
Off-street parkingUpdated kitchensModern bathroomsNew flooringNew roof
Zillow last checked:
Listing updated:
Listed by:
Shay Hugo Vaezzadeh (225)288-4109,
Oxford Realty 203-314-4219
Bought with:
Thuyan Tran, REB.0794813
Oxford Realty
Source: Smart MLS,MLS#: 24148460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,788
- Total interior livable area: 2,788 sqft
- Finished area above ground: 2,788
Property
Lot
- Size: 4,791 sqft
Details
- Parcel number: 2414539
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norwich
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Sold | $500,000+28.2%$179/sqft |
Source:  Smart MLS #24148460 Report a problem | ||
| 1/24/2026 | Pending sale | $390,000$140/sqft |
Source: Smart MLS #24148460 Report a problem | ||
| 1/12/2026 | Listed for sale | $390,000+550%$140/sqft |
Source: Smart MLS #24148460 Report a problem | ||
| 5/6/2022 | Sold | $60,000+20%$22/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 6/13/2021 | Contingent | $50,000-68.8%$18/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 5/12/2021 | Listed for sale | $160,000-3%$57/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 4/24/2021 | Contingent | $165,000$59/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 3/29/2021 | Price change | $165,000-8.3%$59/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 3/14/2021 | Price change | $179,900-7.7%$65/sqft |
Source: Smart MLS #170333712 Report a problem | ||
| 9/5/2020 | Listed for sale | $194,900+412.9%$70/sqft |
Source: William Raveis Real Estate #170333712 Report a problem | ||
| 7/29/1998 | Sold | $38,000$14/sqft |
Source: Smart MLS #E88238 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,009 +5.9% | $173,200 |
| 2024 | $6,616 +54.3% | $173,200 +95.7% |
| 2023 | $4,288 0% | $88,500 |
| 2022 | $4,290 -0.3% | $88,500 |
| 2021 | $4,305 +0.3% | $88,500 |
| 2020 | $4,290 +1% | $88,500 |
| 2019 | $4,247 +7.7% | $88,500 +8.6% |
| 2018 | $3,944 -0.7% | $81,500 |
| 2017 | $3,972 +1.4% | $81,500 |
| 2015 | $3,917 +4.6% | $81,500 |
| 2014 | $3,743 -18.9% | $81,500 -43% |
| 2013 | $4,615 +3.8% | $143,000 |
| 2012 | $4,447 +7.9% | $143,000 |
| 2011 | $4,123 +2.9% | $143,000 |
| 2010 | $4,007 +3.4% | $143,000 |
| 2009 | $3,877 +89.4% | $143,000 +107.2% |
| 2008 | $2,047 -11% | $69,000 |
| 2007 | $2,299 +4.1% | $69,000 |
| 2006 | $2,209 +4.1% | $69,000 |
| 2005 | $2,122 +68.5% | $69,000 +130.8% |
| 2003 | $1,259 +23.1% | $29,900 |
| 2001 | $1,023 | $29,900 |
Find assessor info on the county website
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 5/10Veterans' Memorial SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.4 mi
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$388,400
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- Connecticut
- New London County
- Norwich
- 06360
- 54 Roath Street
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