REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,575,000
Est. payment /mo
Price Dropped by $725K
102 Boswell Avenue Norwich, CT 06360
8 Beds
5 Baths
4,885 SqFt
UPDATED:
02/23/2025 09:24 PM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,885 sqft
Price per Sqft $527
MLS Listing ID 24069658
Style Other
Bedrooms 8
Full Baths 5
Year Built 1875
Annual Tax Amount $7,205
Lot Size 7,840 Sqft
Property Sub-Type 4 Family
Property Description
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. Price reduction the result of multiple properties taking contract on an individual basis.
Location
State CT
County New London
Zoning NC
Rooms
Basement Full
Interior
Heating Steam
Cooling None
Exterior
Parking Features None
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
Listed by Anthony Velez • VC Property Group, LLC