2 Peggy, Norwich, CT 06360

$369,000
  • 2 Peggy, Norwich, CT 06360 Main Photo

32 Photos

Under Contract
BEDS4 BATHS3 full SQUARE FEET2,440 MLS#24217199
STATUSUnder Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

Looking for an investment property with options? 2 Peggy Lane is a three-family property offering flexibility for both owner-occupants and investors. Live in one unit while the others help offset your mortgage, or add to your rental portfolio. Two units are currently vacant, offering flexibility for your plans. One has been fully remodeled, while the other is ready for your personal touches or updates. Significant capital improvements include a new roof in 2024, conversion from oil to natural gas with a new gas boiler and water heater, and an electrical service upgrade to 400 amps with separate meters for each unit. Additional improvements include exterior siding repairs and repainting, new gutters with guards, sewer line maintenance, and window replacements. In 2026, Unit 1 underwent a full renovation featuring a new kitchen and appliances, updated flooring, and fresh paint. The convenient location puts you near a local park, Backus Hospital, area casinos, and Norwich Free Academy. Outside, you'll find ample off-street parking and an extra-deep garage with a loft, providing additional storage, additional income opportunity, or space for hobbies. With a versatile layout and plenty of potential, this Norwich multifamily is worth a closer look!

2 Peggy | MLS# 24217199

This multi-family property located at 2 Peggy, Norwich, CT 06360 is currently listed for sale with an asking price of $369,000. Search Norwich real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Natural Gas
Garage: 1 car attached
Heating: Baseboard
Home Style: Units on different Floors,3sides - Units Are Side-
Lot Size: 0.15 Acres
Roof Type: Asphalt Shingle
Taxes: $5,119
Year Built: 1959

Feature Descriptions

Days on Site: 9
Energy Saving Features: Storm Doors, Storm Windows, Thermopane Windows
Exterior: Shingle, Shake, Cedar
Exterior: Sidewalk, Gutters, Lighting
Lot: Level Lot, Sloping Lot
Parking Spaces: 4
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Norwich Free Academy
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: RANDALL, REALTORS-Compass
Agent Name: Jason Pollard
Agency Phone: (860) 5729099

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,355.44 per month $821.23 Principal & Interest $426.58 Property Tax $107.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder