#24061334, Tim O'loughlin, Listing office: RE/MAX Legends

87 5th St Norwich, CT 06360
Property details
About 87 5th St
Fantastic Investment Opportunity! Discover a rare opportunity to own two homes on one lot in a prime location! Whether you're an investor looking for strong rental income or a homeowner seeking an owner-occupied investment, this property offers incredible potential. The front house features 3 bedrooms and 1 bathroom, with a spacious layout, plenty of natural light and move in ready. The second home, a 2 bedroom, 1 bathroom unit, provides additional rental income or the perfect space for extended family. Off-street parking available. Conveniently located, this property is a must-see! Don't miss out on this highly versatile and income-generating opportunity! Schedule a showing today!
Highlights
(Under Contract - Continue to Show)
Summary
- Full Bathrooms: 2
- Basement: No
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking
- Architectural Style: Other
- Heating: Baseboard
- Cooling: None
- List Price: $320,000
- Price/SqFt: $168
- Annual Tax Amount: $5,222
- Tax Year: 2024
- Lot: Level
- Directions: GPS
- Year Built: 1825
- Living Area: 1,900 SqFt
- Lot Size: 0.09 Acres
- MLS Number: 24078636
- Office Name: Our Home Realty Advisors
- Office Phone: (800) 684-6472
- Office Email: foreverhomesbyjanise@yahoo.com
- Listing Agent: Janise Gabco
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Last updated on: 6/15/2025, 10:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$320,000
87 5th St
$3,800
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $136,700 | $5,222 |
2023 | $81,000 | $3,940 |
2022 | $81,000 | $3,927 |
2021 | $70,600 | $3,434 |
2020 | $64,700 | $3,136 |
2019 | $70,900 | $- |
History based on county public records data.
Nearby schools
4
Veterans' Memorial School
Public District KG-5
2.3 mi
•80 Crouch Ave
3
Wequonnoc Magnet School
Public Magnet KG-5
2.4 mi
•155 Providence St
4
John B. Stanton School
Public District KG-5
2.4 mi
•386 New London Tpke
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,241. Typical income of Norwich, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 87 5th St
The listing price of 87 5th St property is $320,000.
The property 87 5th St is a multi located in Norwich, Connecticut, 06360.
Accepting Backup Offers: 87 5th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 87 5th St are: Veterans' Memorial School (GreatSchools Rating 4/10), Wequonnoc Magnet School (GreatSchools Rating 3/10), John B. Stanton School (GreatSchools Rating 4/10), Kelly Steam Magnet Middle School (GreatSchools Rating 3/10), Integrated Day Charter School (GreatSchools Rating 5/10), Teachers' Memorial Global Studies Magnet Middle School (GreatSchools Rating 3/10), Norwich Free Academy (GreatSchools Rating 3/10), Norwich Technical High School (GreatSchools Rating 7/10), Three Rivers Middle College Magnet School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $5,222 (source: MLS/based on county public records data).
The property 87 5th St is 1,900 SqFt (source: MLS/tax record).
The year of construction for 87 5th St is 1825.
This home is located at 87 5th St in Norwich, CT and zip code 06360. This 1,900 square foot home, which was built in 1825, sits on a 0.09 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $320,000.
In May 2025 more than 22 listings in Norwich, CT were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 10 were sold below. The number of listings in Norwich, CT decreased by 1.2% between April and May 2025. In May 2025 median list price was $269,950 and the average listing age was 17 days.