102 Boswell Avenue Active

Norwich,CT 06360

$ 3300000

8 Beds

5 Baths

4885 SqFt


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 $675

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. 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.

Location

State CT

County New London

Zoning NC

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

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