202 Broadway, Norwich, CT 06360

Norwich
Local realty services provided by:ERA Insite Realty Services
202 Broadway,Norwich, CT 06360
$1,695,000
  • 16 Beds
  • - Baths
  • 3,861 sq. ft.
  • Multi-family
  • Active
Listed by: anthony velez, connor wenchell(860) 343-7800
Office: vc property group, llc(860) 300-3102
MLS#:24194779
Source:CT

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$439.01

About this home

Rare opportunity to acquire a 14-unit multifamily portfolio consisting of two nearby 7-unit properties located at 202 Broadway and 7-9 Broad Street in Norwich, Connecticut. Offering immediate scale, diversified unit mix, and significant rental upside, this package is ideal for investors seeking a larger multifamily acquisition with strong in-place cash flow and a clear path to value creation. The portfolio consists of a mix of 2-bedroom, 1-bedroom, and studio apartments that appeal to a broad tenant base while providing diversification across unit types. Both properties are fully occupied and benefit from off-street parking, public utilities, and strong occupancy history. Located in one of New London County's most sought-after residential neighborhoods, the portfolio benefits from strong tenant demand, attractive surrounding housing stock, and convenient access to downtown Norwich, healthcare facilities, shopping, restaurants, and major transportation corridors. Current gross annual...

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Home facts

  • Year built:1843
  • Listing ID #:24194779
  • Added:7 day(s) ago
  • Updated:August 13, 2026 at 09:46 PM

Rooms and interior

  • Bedrooms:16
  • Rooms Total:42
  • Basement Description:Full Basement
  • Living area:3,861 sq. ft.

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1843
  • Building area:3,861 sq. ft.
  • Lot area:0.76 Acres
  • Architectural Style:Units are Side-by-Side
  • Construction Materials:Vinyl Siding

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$439.01
  • Tax amount:$9,029 (July 2026-June 2027)

Parking

  • Total parking spaces:14
  • Parking description:Off Street Parking
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