*Ask list agent about the opportunity to buy 8 other properties in this portfolio* Contractors, Investors and Owner Occupants - Exceptional opportunity to own a three-family property in one of Norwich's most desirable rental locations, plus, one unit delivered vacant at closing! Situated in a strong rental market with convenient access to downtown, major employers, shopping, restaurants, and highways, this property offers both immediate income potential and owner-occupant flexibility. The property features two traditional residential units in the main building (up-and-down configuration) plus a third unit above a detached three-car garage, creating multiple income streams and attractive tenant appeal. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile multi-family property offers a rare combination of flexibility, cash-flow potential, and long-term value in Norwich's thriving rental market. Don't miss this opportunity to own a high-demand multi-family property with separate utilities, off-street parking, garage space, and excellent rental upside.
Multi-familyProperty Type
1890Year Built
8,712 sq ftLot Size
$155Price/Sq.Ft.
3 garage spacesParking
Listed by Matthew Santurri• Byrnes Real Estate Company
Occum, located between Norwich Harbor and the Shetucket River, is a historic and riverside Norwich neighborhood with mill-era streetscapes and wooded edges. The neighborhood’s character concentrates around the Occum Green area near Occum Road, where a small-town crossroads feel meets river air and passing traffic. Housing reads as compact New England vernacular—older capes, colonials, and modest multi-family homes—set along curving roads and stone walls. The nearby Yantic Falls area adds a natural soundtrack and a short, scenic pause point. Mohegan Park and the Norwich Golf Course frame daily routines with trails and fairways. Downtown Norwich’s theaters, galleries, and restaurants sit a short drive away for a more urban cadence.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full basement
Bedrooms
6 bedrooms
Bathrooms
3 full bathrooms
Heating & cooling
Baseboard heating
Hot air heating
Hot water provided by natural gas and electric
Fuel tanks (oil/propane) located in basement
Exterior features
Water view
Direct waterfront on a river
Home design
Multi-family property (3-family)
Parking
Detached garage
3 garages
Off-street parking
4 total parking spaces
Construction
Frame construction
Stone foundation
Asphalt shingle roof
Vinyl siding
Utilities
Public water connected
Public sewer connected
Electricity and solar
View estimated energy costs and solar savings for this home
The MF district is a base zoning district. The purpose of the MF district is to establish a district in which the principal use of the land is for higher-density residential development, typically in multi-family buildings
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Infrastructure
Recreation
Park & open space
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Norwich, CT • 06360
Average low and high temperatures (°F)
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65
43
53
34
39
23
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 116 Taftville Occum Rd
$400,267
$9,733 under list price of $410K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $370K to $460K.