187 Broad Street
Norwich, Connecticut 06360
- Beds
- 9
- Baths
- 3
- SqFt
- 2,997
- Acres
- 0.18
- Year Built
- 1851
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Excellent opportunity for both investors and owner-occupants! This well-maintained three-family property features three spacious 3-bedroom, 1-bath units. Units 2 and 3 are currently leased, generating $3,300 per month in rental income, while Unit 1 will be delivered vacant-perfect for an owner-occupant or for immediate lease to maximize cash flow. The property offers fully separated utilities with individually metered gas and electric, making ownership and management simple and efficient. Looking to expand your portfolio? This property is part of a larger portfolio offering with nine additional buildings available throughout Norwich. It is specifically being offered as a package with 67 Peck St, 100 Taftville-Occum Rd, or 116 Taftville-Occum Rd. Contact the listing agent for portfolio pricing and additional details.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · 3updown - Unit(s) per Floor
- Year Built
- 1851
- Days on Market
- 7 days
- Beds
- 9
- Baths
- 3 full
- Living Area
- 2,997 sq ft
- Lot Size
- 0.18 acres
- Property Taxes
- $6,393 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
20
22 under contract
Median List Price
$423,500
20 active listings
Median Closed Price
$340,000
98 sales
Median Days on Market
38
20 active listings
Median $ / Sq Ft
$150
20 active listings
Sale-to-List Ratio
101.1%
98 sales
How this home compares
List Price
$475,000
vs $423,500 median
12.2% above median
Price / Sq Ft
$158
vs $150 median
5.3% above median
Days on Market
7 days
vs 38 days median
31 days fresher than median
Based on 20 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of July 28, 2026.
Location
187 Broad Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,422
- Property Taxes$533
- Insurance$158
- 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
- 3 Family
- Style
- 3updown - Unit(s) per Floor
- Year Built
- 1851
- New Construction
- No/Resale
- Living Area
- 2,997 sq ft
Schools
- Elementary
- Samuel Huntington
- High
- Norwich Free Academy
Interior
- Heating
- Gas on Gas
- Cooling
- Window Unit
- Laundry
- All Units Have Hook-Ups
- Basement
- PartialPartial With Hatchway
Exterior & Lot
- Lot Size
- 0.18 acres
- Zoning
- MF
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Stone
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $6,393 / Annually
- Days on Market
- 7
- MLS #
- 24193130
- MLS Status
- Active
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Matthew Santurri
Byrnes Real Estate Company
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. 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 7/28/2026 at 5:20 AM UTC.