Under contract

102-104 Boswell Ave, Norwich, CT 06360

Beds
10
Baths
5
Sqft
4,885

View property features, location on map, relevant school information and overview from seller's agent.

Listed byVC Property Group, LLC
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
10
Number of bathrooms
5
Square feet
4,885
Lot size (acres)
0.18
Year built
1875

Interior features

Basement
Yes

Utilities

Heating
Steam
Sewer
Public Sewer
Water
Public Water

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24187715 Last checked:

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