Fantastic Investment Opportunity! Discover a rare opportunity to own two homes on one lot in a prime location! Whether you're an investor looking for strong rental income or a homeowner seeking an owner-occupied investment, this property offers incredible potential. The front house features 3 bedrooms and 1 bathroom, with a spacious layout, plenty of natural light and move in ready. The second home, a 2 bedroom, 1 bathroom unit, provides additional rental income or the perfect space for extended family. Off-street parking available. Conveniently located, this property is a must-see! Don't miss out on this highly versatile and income-generating opportunity! Schedule a showing today!
Sold for $320,000
$320,000
87 5th Street, Norwich, CT 06360
5beds
1,900sqft
Multi Family
Built in 1825
-- sqft lot
$-- Zestimate®
$168/sqft
$2,620 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,620/mo
Zestimate® history
Owner options
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$2,620/mo
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$2,620/mo
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$2,164/mo
Est. payment
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$2,164/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Janise L. Gabco 860-319-4891,
Our Home Realty Advisors 800-684-6472
Bought with:
Jessica Boswell, RES.0807833
LPT Realty
Co-Buyer Agent: Fiona Stevens
LPT Realty
Source: Smart MLS,MLS#: 24078636
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Gas In Street
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: None
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
- Finished area above ground: 1,900
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Size: 3,920 sqft
- Features: Level
Details
- Parcel number: 2414465
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1825
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norwich
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $320,000$168/sqft |
Source:  Smart MLS #24078636 Report a problem | ||
| 6/27/2025 | Pending sale | $320,000$168/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 6/25/2025 | Listed for sale | $320,000$168/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 6/23/2025 | Pending sale | $320,000$168/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 4/28/2025 | Price change | $320,000-3%$168/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 4/23/2025 | Listed for sale | $330,000$174/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 4/17/2025 | Pending sale | $330,000$174/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 3/19/2025 | Listed for sale | $330,000-2.4%$174/sqft |
Source: Smart MLS #24078636 Report a problem | ||
| 12/23/2023 | Listing removed | -- |
Source: Smart MLS #170614910 Report a problem | ||
| 12/14/2023 | Listed for sale | $338,000+35.2%$178/sqft |
Source: Smart MLS #170614910 Report a problem | ||
| 9/29/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/1/2021 | Listed for sale | $250,000+1566.7%$132/sqft |
Source: Owner Report a problem | ||
| 3/5/2020 | Sold | $15,000-50%$8/sqft |
Source: Smart MLS #170237078 Report a problem | ||
| 9/12/2019 | Listed for sale | $30,000+1100%$16/sqft |
Source: Allyn Associates, REALTORS #170233569 Report a problem | ||
| 11/21/2014 | Sold | $2,500$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,532 +5.9% | $136,700 |
| 2024 | $5,222 +33.1% | $136,700 +68.8% |
| 2023 | $3,924 -0.1% | $81,000 |
| 2022 | $3,927 +14.4% | $81,000 +14.7% |
| 2021 | $3,434 +9.5% | $70,600 +9.1% |
| 2020 | $3,136 -1.1% | $64,700 -8.7% |
| 2019 | $3,170 | $70,900 +8.2% |
| 2018 | $3,170 -0.7% | $65,500 |
| 2017 | $3,192 -0.7% | $65,500 |
| 2016 | $3,213 | $65,500 |
Find assessor info on the county website
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 3/10John B. Stanton SchoolGrades: PK-5Distance: 2.4 mi
- 3/10Teachers' Memorial Middle SchoolGrades: 6-8Distance: 2 mi
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- Connecticut
- New London County
- Norwich
- 06360
- 87 5th Street
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