2 Broadway Terrace
Norwich, Connecticut 06360
- Beds
- 6
- Baths
- 2
- SqFt
- 2,808
- Acres
- 0.21
- Year Built
- 1930
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Great investment opportunity in a prime Norwich location-an investor's dream! This well-maintained 2-family offers strong income potential with additional 3rd Finished unit ideal for expanding cash flow. Priced to sell with a fairly new roof, adding peace of mind. Walking distance to Norwich Free Academy, directly across from Monsignor King Memorial Park, and just minutes to Downtown Norwich. motivated seller.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1930
- Days on Market
- 83 days
- Beds
- 6
- Baths
- 2 full
- Living Area
- 2,808 sq ft
- Lot Size
- 0.21 acres
- Garage / Parking
- 2 total
- Property Taxes
- $5,679 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
21
22 under contract
Median List Price
$418,000
21 active listings
Median Closed Price
$340,000
98 sales
Median Days on Market
36
21 active listings
Median $ / Sq Ft
$146
21 active listings
Sale-to-List Ratio
101.1%
98 sales
How this home compares
List Price
$299,000
vs $418,000 median
28.5% below median
Price / Sq Ft
$106
vs $146 median
27.4% below median
Days on Market
83 days
vs 36 days median
47 days longer than median
Based on 21 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of July 29, 2026.
Location
2 Broadway Terrace, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,525
- Property Taxes$473
- Insurance$100
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1930
- New Construction
- No/Resale
- Living Area
- 2,808 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- ElectricNatural Gas
- Cooling
- Window Unit
- Laundry
- Basement Hook-Up(s)
- Laundry Location
- Laundry room in basement
- Basement
- FullFully Finished
Exterior & Lot
- Lot Size
- 0.21 acres
- Zoning
- MF
- Garage / Parking
- 2 total parking spacesOn Street ParkingDrivewayPrivate
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- SecludedRolling
Listing & Financials
- Property Taxes
- $5,679 / Annually
- Days on Market
- 83
- MLS #
- 24167254
- MLS Status
- Under Contract
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/29/2026 at 10:55 AM UTC.