Tons of potential in this two-family property. Gas and/or electric heat in lower unit. Gas heat in upper unit with electric water heater. Lower unit is 690 square feet with one bedroom and ready for owner occupancy or your hand-selected tenant! Upper unit is 1,090 square feet and includes middle (690) and upper (400) levels, large open kitchen/dining area, two large bedrooms with full bath on top level and half bath on bottom level. It is occupied by long-time, routine paying tenant on a MTM lease. Deck off master bedroom on top floor. Easy walk to public transportation, library, shops and restaurants. Downtown Norwich is experiencing a milestone of revitalization, and this is an opportunity to be a part of the future of this growing community! Great potential for investors or owner-occupied with a rental for cash flow. Photos are of recently redone Unit 1.
For sale
$250,000
62 School St, Norwich, CT 06360
3beds
1,518sqft
Est.:
Multi Family
Built in 1860
-- sqft lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
One bedroomElectric water heaterTwo large bedroomsHalf bathDeck off master bedroomGas heat
- 24 days
- on Zillow |
- 1,554 |
- 156 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 08:01am
Listed by:
MOXIE TEAM AT RANDALL REALTORS - COMPASS,
Compass Connecticut, LLC,
MOXIE TEAM AT RANDALL REALTORS - COMPASS,
Compass Connecticut, LLC
Source: Smart MLS,MLS#: 24084544

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Basement: Full,Heated,Finished
- Attic: Heated,Finished,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 1,518
- Total interior livable area: 1,518 sqft
- Finished area above ground: 1,518
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: City
Lot
- Size: 3,484.8 Square Feet
- Features: Sloped
Details
- Parcel number: 2031825
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $165/sqft
- Tax assessed value: $97,200
- Annual tax amount: $3,713
- Date on market: 4/1/2025
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