2 Peggy Lane, Norwich, CT 06360
Multi-Family For Sale · 3 Family
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About This Home
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!
Listed by Jason Pollard (860) 287-1976 with Compass Connecticut, LLC (860) 572-9099
Listing Snapshot
| Price | $369,000 | Days on Our Site | 0 days |
| Property Tax | $5,119/yr | Style | Units on different Floors,3sides - Units Are Side-by-Side |
| Year Built | 1959 | Total Sq Ft | 2,440 |
| Lot Size | 0.15 acres | HOA Fees | N/A |
| Bedrooms | 4 | Full Bathrooms | 3 |
| Total Rooms | 10 | Half Baths | 0 |
Key Features
- Sidewalk
- Gutters
- Lighting
- Basketball Court
- Commuter Bus
- Library
- Medical Facilities
- Public Transportation
- Walk to Bus Lines
Structure & Parking
Systems & Utilities
Schools
Mortgage Calculator
Estimate only. Contact a lender for accurate figures.
Listing History
| Date | Event | Price |
|---|---|---|
| Oct 27, 2026 | Listed | $369,000 |
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Listing Agent
Jason Pollard · (860) 287-1976
Compass Connecticut, LLC · (860) 572-9099
MLS# 24217199 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Oct 27, 2026 1:43 PM UTC
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2 Peggy Lane, Norwich CT, 06360
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