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Listed price in listed location currency (USD).
$410,000

638

MLS® 24150130

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3353 sqft
Garage Yes
Taxes $8,924
Days Active 0
Lot Size 0.25 acres
Approx. Age 1860
Avg. Price Per Sqft $122
MLS® Number 24150130

Property Address: 70 Prospect Street, Norwich, CT, 06360

Average square foot calculated using Size range provided by listing agent.

Description

3-Family Property with Garage & Expansion Potential Excellent opportunity to own a 3-family multifamily property offering a versatile unit mix and strong upside potential. The building includes one 3-bedroom, 1-bath unit, one 2-bedroom, 1-bath unit, and one studio apartment, making it well-suited for both owner-occupants and investors. A standout feature of the property is the large two-level garage located at the rear, providing abundant storage and presenting a potential opportunity for additional income or future build-out, subject to proper due diligence and municipal approvals. The studio unit has been recently remodeled with new flooring, fresh paint, a new refrigerator, updated vanity, and modern fixtures, offering a clean and move-in-ready living space. Heating systems include two oil-fired boilers, with one servicing Unit 1 and one servicing Unit 2, both providing heat and hot water. The studio unit is heated by a natural gas furnace located within the unit and features an electric hot water heater. There is additional upside potential, as heating can be fully separated by adding an oil tank and supply line, allowing for improved utility allocation and operating efficiency. With its flexible layout, garage expansion potential, and recent updates, this property presents a solid investment with room to add value and increase long-term returns., Showings to be scheduled either Tuesdays between 11AM - 2PM or Thursdays between 2PM - 6PM w/ minimum 24 hours notice.
MLS® Number24150130
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1860
BasementFull, Unfinished, Hatchway Access, Interior Access, Concrete Floor
DrivewayCarport, Detached Garage, Paved, Off Street Parking, Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$410,000List Price
  • Commute

Commute

Starting Address
Destination Address
70 Prospect Street, Norwich, CT

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