Share this with your friends
+18602871976
Compass Connecticut
2 Peggy Ln, Norwich, CT 06360
- $369,000
- 4
- BD
- 3
- BA
- 2,440
- SqFt
- List Price
- $369,000
- Status
- COMING SOON
- MLS#
- 24217199
- Year Built
- 1959
- Bedrooms
- 4
- Bathrooms
- 3
- Acres
- 0.15
- Living Area
- 2,440
- Neighborhood
- N/A
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!
Additional Information
- Taxes
- $5,119
- Lot Size
- 6,534
- Heating
- Baseboard
- Cooling System Type
- None
- Water Source
- Public
- Basement
- None
- Exterior Features
- Sidewalk, Lighting
- Garage Spaces
- 1
- Parking Spaces
- 4
- Elementary School
- Per Board of Ed
- High School
- Norwich Free Academy
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Jason Pollard from Compass Connecticut, LLC. (860) 287-1976 (860) 572-9099
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.