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102 Boswell Avenue, Norwich CT 06360

Current Price: $3,300,000

8 beds 5 baths 4885 sq. ft

Last Update: 2/5/2025

Property Type: Multi-Family For Sale

Public Remarks

The VC Property Group is proud to present this High Yield Investment Opportunity consisting of 8 properties in Norwich, Ct. The portfolio is comprised of 24 two bedroom units and an additional 7 studio/one bedroom units. The offering is made up of three 4-families, two 3-families, one 2-family and two 5 unit properties. All utilities are separate and tenant paid, with a mix of on and off street parking. This is largely a turn-key opportunity that yields an 18% ROI at full market rents, but does have a couple add value components. Access is limited due to the shear size of the portfolio, however, several open showings will be made available over the first couple weeks to provide interested parties ample opportunity to view a representative sample of the portfolio.

Map to Property at 102 Boswell Avenue, Norwich CT 06360


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Residential Property Information for 102 Boswell Avenue, Norwich CT 06360

MLS #: 24069658

Style: Other

Color:

Total Rooms:

Bedrooms: 8

Bathrooms: 5

Acres: 0.18

Year Built: 1875 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $7,205

Zoning: NC

Mil Rate:

Assessed Value: $188,600 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 4885; below grade sq feet total is ; total sq ft is 4885

Features
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Vinyl Siding
Foundation: Masonry
Roof: Asphalt Shingle
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Occupied: Tenant
Utility Information

Hot Water System Other

Heat Type: Steam

Fueled By: Other.

Cooling: None

Fuel Tank Location: In Basement

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $3,300,000

Original List Price: $3,300,000

DOM: 17

Listing Date: 1/19/2025

Last Updated: 1/19/2025 10:00:41 PM

Listing Agent and Broker

List Agent Name: Anthony Velez

List Office Name: VC Property Group, LLC