Multi-Family For Sale · 2 Family
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This property is currently set up as a spacious single-family home, it comes with a rare and valuable twist - it was originally a legal 2-family and can be effortlessly converted back. This gives you the ultimate flexibility: enjoy it as a massive single-family residence now, or unlock immediate rental income by restoring the second unit. It has a Dual-Purpose Value: Interested purchaser get the best of both worlds - move-in ready single-family living with a clear, low-cost path to becoming a multi-family investor. Instant Equity Potential: Convert back to a 2-family and tap into Norwich's strong rental market (median 3-bed rent: $2,000+/month). Prime Location: Situated on Washington Street with easy access to downtown Norwich, shopping, dining, and major commuter routes. Market Advantage: With only ~30 multi-family properties available city-wide and homes selling in just 36 days, this flexible listing is perfectly timed. Perfect For: First-Time homebuyer who want a large home now - with the option to house-hack later. Investors seeking a value-add property with built-in conversion potential. 1031 Exchange purchaser needing a smart, flexible asset in a growth market. Don't wait. Properties with this kind of optionality are rare. Property is sold as is. Ask listing agent for a private viewing.
Listed by Ivy Ong (860) 287-7851 with William Raveis Real Estate (860) 886-1386
Estimate only. Contact a lender for accurate figures.
Ivy Ong · (860) 287-7851
William Raveis Real Estate · (860) 886-1386
MLS# 24176662 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Jun 11, 2026 12:05 AM UTC
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364-366 Washington Street, Norwich CT, 06360
$418,000 • Active
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