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$410,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 6 hours ago
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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.

Full Property Details for 70 Prospect St

General

  • Price: $410,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24150130
  • Updated: 1/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None

Exterior

  • Exterior Features: Sidewalk, Breezeway, Porch, Deck, Gutters, Lighting
  • Color: Yellow

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 8
  • Parking: Carport, Detached Garage, Paved, Off Street Parking, Driveway

Location

  • County: New London
  • Neighborhood: Greenville
  • Driving Directions: Central Ave left onto Prospect St. GPS Friendly

School Information

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

Community

  • Community Name: Greenville

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Air, Hot Water, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil
  • Water Heater: Other, Electric, 40 Gallon Tank

Utilities

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

Structural Information

  • Architectural Style: Units on different Floors, Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Unfinished, Hatchway Access, Interior Access, Concrete Floor
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 3,353
  • Above Ground: 3,353 Sq. Ft.
  • Year Built: 1860

Unit Information

Unit 1

  • Square Feet: 1200
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Square Feet: 1100
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 550
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.25
  • Driveway/Sidewalk: Private, Paved, Asphalt
  • Zoning: MF
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $220,500
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2027771

Listed by IMT Realty, Harrison Graham and IMT Realty, Mary Nasi

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Listing agents

— 70 Prospect St —

  • Harrison Graham

    IMT Realty

  • Mary Nasi

    IMT Realty

Agent Contact: (860) 772-7357 Office Contact: (860) 213-8333

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 70 Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$410,000
70.83%
MLS
3/05/2025
Sold
$240,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 70 Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,924
6%
$220,500
—
2023
$8,423
35%
$220,500
72%
2023
$6,245
—
$128,400
—
2022
$6,225
—
$128,400
—
2021
$6,245
—
$128,400
—
2020
$6,224
1%
$128,400
—
2019
$6,162
14%
$128,400
15%
2018
$5,415
-1%
$111,900
—
2017
$5,454
-1%
$111,900
—
2016
$5,490
2%
$111,900
—
2015
$5,378
5%
$111,900
—
2014
$5,140
-23%
$111,900
-46%
2011
$6,648
—
$206,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by IMT Realty, Harrison Graham and IMT Realty, Mary Nasi

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70 Prospect Street, Norwich, CT 06360 (MLS# 24150130) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 70 Prospect Street is currently listed for $410,000 and was received on January 20, 2026. Want to learn more about 70 Prospect Street? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

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