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$750,000
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Property Description
Welcome to one of the most beautifully finished multifamily properties on the market - located in one of Connecticut's most desirable multifamily neighborhoods. This fully remodeled 4-family property features high-end designer finishes across all four units, making it truly stand out from the competition. Each residence is equipped with custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air. All utilities are tenant paid, and the property features a large parking lot at the rear of the house with ample parking for all tenants. With market rents over $2,000 for such quality units in this neighborhood, the return would be north of 16%. This property offers a rare turn-key opportunity in a high-demand market. Don't miss your chance - call today.
Full Property Details
Full Property Details for 87 Broad St
General
- Sold For: $750,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24138723
- Added to Site: 70 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- County: New London
- Driving Directions: Call Agent
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Shingle
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Square Feet: 4,099
- Above Ground: 4,099 Sq. Ft.
- Year Built: 1860
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.26
- Zoning: MF
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $326,200
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 2416069
Listed by VC Property Group, LLC, Anthony Velez
Sold by Real Broker CT, LLC, Kristopher Tramont
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Schools
Schools serving 87 Broad St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
John M. Moriarty School 20 Lawler Lane, Norwich, CT 06360 | K-5 | 2.7 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 87 Broad St
Date
Details
Price
Change
Source
1/06/2026
Sold
$750,000
-3.23%
MLS
11/06/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
87 Broad Street, Norwich, CT 06360 (MLS# 24138723) is a Multi-Family property that was sold at $750,000 on January 06, 2026. Want to learn more about 87 Broad 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.

