70 Prospect St

Norwich, CT 06360

$410,000
Price
6
Beds
3,353 Sq. Ft.
$122 / Sq. Ft.
3,353
Sq. Ft.
$122
per Sq. Ft.

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...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.
  1. Listed by Harrison Graham • IMT Realty
    P: (860)-772-7357 C: (860)-772-7357 harrison@imtrealestate.com
  2. Listed by Mary C Nasi • IMT Realty
    P: (860)-213-8333 C: (860)-908-6918 mary@imtrealestate.com

Property Details for 70 Prospect Street

Basement Description
Full, Unfinished, Hatchway Access, Interior Access, Concrete Floor
Direct Waterfront
No
Garages Number
2
Neighborhood
Greenville
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
Carport, Detached Garage, Paved, Off Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 01/21/2026 02:24 PM

Property Details for 70 Prospect Street

StatusActive
MLS #24150130
Days on Market1
Taxes$8,924 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1860
Lot Size0.25 AC / 10,890 SF
CountyNew London County

Location

Listing Courtesy of IMT Realty, Harrison Graham; IMT Realty, Mary C Nasi
Add your commute

Building Information for 70 Prospect Street

Stories-Residences3Year Built1860Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,742 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,998

Property Taxes

$744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 Prospect Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Central Ave left onto Prospect St. GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.531578
  • Longitude: -72.05933
  • Neighborhood Amenities: Basketball Court, Commuter Bus, Park, Public Rec Facilities, Public Transportation
  • State: Connecticut
Parking
  • Parking Total Spaces: 8
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $8,924
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Breezeway, Porch, Deck, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Unfinished, Storage Space, Floored, Walk-up
  • Cooling System: None
  • Heat Type: Hot Air, Hot Water
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: None
  • Rooms Total: 10
Property
Property and Assessments
  • Color: Yellow
  • Construction Description: Frame
  • Driveway Type: Private, Paved, Asphalt
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1860
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3353
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2027771
  • Sq Ft Est Heated Above Grade: 3353.0
  • Sq Ft Total: 3353.0
  • Zoning: MF
Utilities
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Other, Electric, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 19939
  • Gross Annual Income: 48079
  • Net Operating Income: $28,140
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 10
Unit 1
  • Lease: Leased
  • Lease Expires: 02-28-2026
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Average Sq Ft: 1100
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-21-2026
  • Unit Monthly Rent: $1,425
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Average Sq Ft: 550
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-21-2026
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-21-2026
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 70 Prospect Street

DateEvent & SourcePriceAppreciation
Oct 16, 2023

Closed (Public Record)

Public Record #1520743278

$205,000

+1.6% / yr

Feb 12, 1998

Closed (Public Record)

Public Record #92666410

$135,000—
DateEvent & SourcePrice
10/16/2023

Closed (Public Record)

Public Record #1520743278

$205,000

+1.6% / yr

02/12/1998

Closed (Public Record)

Public Record #92666410

$135,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 70 Prospect Street

Taxable ValueLand$39,800Additions$180,700Total$220,500
Tax Record2024$8,924 ($744 / month)
Home Facts
Baths3Total Finished SqFt3,353 SqFtAbove Grade Finished SqFt3,353 SqFtUnfinished Basement SqFt1,272 SqFtStories2Lot Size10,890 SqFtStyleTriplexYear Built1860ZoningMFCountyNEW LONDONAPNNWCH M:94 B:4 L:9

Schools near 70 Prospect Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
John B. Stanton School
Public - K to 5
Teachers' Memorial Middle School
Public - 6 to 8
Aba Autism Program
Public - K to 5
Irs Program At Moriarty
Public - K to 2
Rating
School
Distance
John B. Stanton School
PublicK to 5

Teachers' Memorial Middle School
Public6 to 8

Aba Autism Program
PublicK to 5

Irs Program At Moriarty
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 70 Prospect Street, Norwich, CT 06360

70 Prospect Street is a multi-family home for sale in Norwich, CT 06360. This property was listed for sale on January 20, 2026 by IMT Realty, it's currently listed at $410,000. It has been on the market for a total of 1 days and was last sold on October 16, 2023. This listing's school district is Norwich School District. Nearby schools include John B. Stanton School, Teachers' Memorial Middle School and Aba Autism Program. 70 Prospect Street is a 6-bed, 3-bath, 3,353 sqft multi-family home built in 1860.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of IMT Realty, Harrison Graham; IMT Realty, Mary C Nasi

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.