102-104 Boswell Ave, Norwich, CT 06360
- $525,000
- 10
- BD
- 5
- BA
- 4,885
- SqFt
- List Price
- $525,000
- Status
- PENDING
- Days on Market
- 29
- MLS#
- 24187715
- Subtype
- Multi-Family For Sale
- Year Built
- 1875
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,885
- Lot Size
- 7,840
- Acres
- 0.18
- Neighborhood
- N/A
Property Description
Turnkey 5-unit multifamily investment opportunity offering immediate cash flow and long-term appreciation potential. The property is currently generating over $77,000 in annual rental income and supports a projected stabilized NOI exceeding $51,000, equating to an estimated 9.81% cap rate and 15.28% projected return on investment. The building features a desirable unit mix, separately metered electric, public water and sewer, owner paid gas heat, and low-maintenance operations. With approximately 4,885 square feet and a strong rental history, this asset is ideally suited for investors seeking dependable income, attractive investment metrics, and a well-positioned multifamily property in Norwich's established rental market.
/u.realgeeks.media/spauldingrealty/Spaulding_Realty_Group_Logo.png){kind=logo}
Additional Information
- Taxes
- $6,441
- Zoning
- NC
- Heating
- Steam
- Air Conditioning
- None
- Foundation
- Masonry Perimeter
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Anthony Velez from VC Property Group, LLC. (860) 300-3102 (860) 300-3102
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.