142 Broad St Norwich, CT 06360
Central Norwich NeighborhoodEstimated payment $3,799/month
5
Beds
3.5
Baths
4,146
Sq Ft
$133
Price per Sq Ft
Highlights
- Deck
- Attic
- Porch
- Property is near public transit and shops
- 3 Fireplaces
- 4-minute walk to Memorial Rose Gardens
About This Home
Rare opportunity to own a beautifully renovated historic multi-family in Norwich with strong income potential and modern tenant-pleasing features! Currently a fully occupied 2-family with excellent rental history, this gem has zoning approval already in place to convert to a 3-family, unlocking even greater cash flow. There are existing stamped drawings with the layout ready to build. Apartments 1 and 2 have 2 generous bedrooms, abundant natural light from oversized windows, and cozy wood-burning fireplaces for added warmth and charm. Tenants enjoy year-round comfort with individual heating and cooling systems (mini-split/heat pump setups), plus the huge convenience of in-unit laundry a major draw for today's renters! Built in the 1800s and meticulously updated with contemporary finishes while preserving its Victorian elegance, the home features gleaming hardwood floors, elegant trim, built-ins, and modern systems throughout. Additional perks include ample storage in the basement and garage, off-street parking, and a prime location near downtown Norwich, schools, and amenities. Ideal for investors looking to expand or owner-occupants who want to live in one unit and offset costs with rental income. With in-unit laundry, fireplaces, bright layouts, and conversion potential, this property checks all the boxes for desirability and profitability.
Listing Agent
Berkshire Hathaway NE Prop. Brokerage Phone: (401) 480-9515 License #RES.0818096 Listed on: 03/16/2026
Co-Listing Agent
Berkshire Hathaway NE Prop. Brokerage Phone: (401) 480-9515 License #RES.0816148
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,243
Year Built
- Built in 1873
Lot Details
- 0.25 Acre Lot
- Sloped Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 4,146 Sq Ft Home
- Ceiling Fan
- 3 Fireplaces
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
Attic
- Walkup Attic
- Unfinished Attic
Parking
- 2 Car Garage
- Parking Deck
- Private Driveway
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit and shops
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Heating System Uses Steam
- Gas Available at Street
Community Details
- 3 Units
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 2032469
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,243 | $277,800 | $34,400 | $243,400 |
| 2024 | $10,612 | $277,800 | $34,400 | $243,400 |
| 2023 | $8,415 | $173,000 | $24,400 | $148,600 |
| 2022 | $6,045 | $124,700 | $24,400 | $100,300 |
| 2021 | $6,061 | $124,600 | $24,300 | $100,300 |
| 2020 | $6,044 | $124,700 | $24,400 | $100,300 |
| 2019 | $5,984 | $124,700 | $24,400 | $100,300 |
| 2018 | $6,049 | $125,000 | $28,600 | $96,400 |
| 2017 | $6,093 | $125,000 | $28,600 | $96,400 |
| 2016 | $6,133 | $125,000 | $28,600 | $96,400 |
| 2015 | $6,008 | $125,000 | $28,600 | $96,400 |
| 2014 | $5,741 | $125,000 | $28,600 | $96,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $550,000 | 0.0% | $133 / Sq Ft | |
| 11/01/2025 11/01/25 | Rented | $2,150 | +2.4% | -- | |
| 10/22/2025 10/22/25 | Under Contract | -- | -- | -- | |
| 10/08/2025 10/08/25 | For Rent | $2,100 | 0.0% | -- | |
| 04/03/2024 04/03/24 | Sold | $422,000 | -3.5% | $102 / Sq Ft | View Prior Sale |
| 02/24/2024 02/24/24 | Pending | -- | -- | -- | |
| 01/19/2024 01/19/24 | For Sale | $437,500 | +98.9% | $106 / Sq Ft | |
| 07/09/2021 07/09/21 | Sold | $220,000 | +0.5% | $68 / Sq Ft | View Prior Sale |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- | |
| 02/19/2021 02/19/21 | For Sale | $219,000 | -- | $68 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $422,000 | None Available | |
| Warranty Deed | $422,000 | None Available | |
| Warranty Deed | $422,000 | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Deed | $188,000 | -- | |
| Deed | $188,000 | -- | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $215,000 | -- | |
| Deed | $173,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $414,356 | FHA | |
| Closed | $414,356 | FHA | |
| Previous Owner | $324,022 | FHA | |
| Previous Owner | $188,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Tracy O'Donnell is a dedicated real estate professional based in Southeastern Connecticut. With a strong educational background in the medical field, Tracy spent years cultivating a career focused on helping others. In 2021, she made a significant career shift, embracing her passion for real estate and joining Berkshire Hathaway HomeServices.
Licensed in both Connecticut and Rhode Island, Tracy has quickly established herself in the real estate market. Her commitment to client
Tracy's Other Listings
Source: SmartMLS
MLS Number: 24158084
APN: NORW-000085-000002-000081
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