102-104 Boswell Avenue, Norwich, CT 06360
$525,000
$525,000
Est.Price: ?

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10 BD
5 BA
4,885 SqFt

102-104 Boswell Avenue Norwich, CT 06360

Est. payment /mo
SOLD DATE : 07/30/2026

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Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,885 sqft

Price per Sqft $107

MLS Listing ID 24187715

Sold Date 07/30/26

Style Units on different Floors

Bedrooms 10

Full Baths 5

Year Built 1875

Annual Tax Amount $6,441

Lot Size 7,840 Sqft

Property Sub-Type 5 Family+

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.

Location

State CT

County New London

Zoning NC

Rooms

Basement Full

Interior

Heating Steam

Cooling None

Exterior

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Anthony Velez • VC Property Group, LLC
Bought with Michael Doherty • eXp Realty

NEARBY SCHOOLS & BUSINESSES

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Kim Dawson

Kim Dawson

Agent | License ID: 0818268

+1(203) 481-4605

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