Skip to main content

126 Prospect Street

Norwich, Connecticut 06360

ACTIVE - NEW$430,000
Beds
6
Baths
3 | 1
SqFt
3,528
Acres
0.56
Year Built
1924
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt
4-Car Garage2 Fireplaces

About This Home

Welcome to this well-maintained 3-family property offering a fantastic opportunity for homeowners, investors, or multi-generational living. Each unit offers its own living space while the property as a whole provides functionality and versatility. This beautiful 3-family home features a detached 4-car garage with plenty of storage space upstairs. The roof on both the home and garage is just 3 years old. The second-floor apartment offers 3 bedrooms with gleaming hardwood floors, a bright and sunny enclosed porch off the kitchen, a spacious dining room, and a large living room with a fireplace. There is also a walk-up attic accessed through the second-floor apartment, along with plenty of closet space throughout. The first-floor apartment is a comfortable 2-bedroom unit featuring a large living room that opens into the dining area and kitchen. The third apartment is a convenient studio located at the rear of the first floor apt. Outside, the property is surrounded by attractive plantings and includes a large grassy area behind the garage, providing plenty of outdoor space. Ideally located with easy access to downtown restaurants, the local hospital, bus transportation, shopping, schools, and many other amenities. This multi-family home presents an excellent opportunity to live in one unit while generating rental income from the others, or as a solid investment property with multiple income-producing units.

Key Facts

City/Town
Norwich
Neighborhood
Greenville
Property / Style
Multi-Family · 3updown - Unit(s) per Floor
Year Built
1924
Days on Market
0 days
Beds
6
Baths
3 full · 1 half
Living Area
3,528 sq ft
Lot Size
0.56 acres
Garage / Parking
4 garage
Property Taxes
$9,227 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

18

24 active listings

Median $ / Sq Ft

$148

24 active listings

Sale-to-List Ratio

101.0%

96 sales

How this home compares

List Price

$430,000

vs $409,462 median

5.0% above median

Price / Sq Ft

$122

vs $148 median

17.6% below median

Days on Market

0 days

vs 18 days median

18 days fresher than median

Based on 24 active and 96 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of September 16, 2026.

Location

126 Prospect Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,145

per month

  • Principal & Interest$2,233
  • Property Taxes$769
  • Insurance$143
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Norwich
Neighborhood
Greenville
County
New London

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
3updown - Unit(s) per Floor
Year Built
1924
New Construction
No/Resale
Living Area
3,528 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot AirSteam
Heat Fuel
ElectricGas In Street
Cooling
Central AirWindow Unit
Fireplaces
2
Laundry
Basement Hook-Up(s)
Basement
FullUnfinishedStorageInterior AccessConcrete FloorFull With Hatchway

Exterior & Lot

Lot Size
0.56 acres
Zoning
MF
Garage / Parking
4 garage spacesDetached Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer In Street
Construction
Aluminum
Color
White
Roof
Asphalt Shingle
Foundation
BrickStone
Exterior Features
SidewalkGutters
Lot Description
City ViewsLightly Wooded

Listing & Financials

Property Taxes
$9,227 / Annually
Days on Market
0
MLS #
24206603
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Linda Labbe

(860) 823-8771

CENTURY 21 Shutters & Sails

(860) 331-1510

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/16/2026. 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 9/16/2026 at 9:30 PM UTC.