102-104 Boswell Avenue Norwich, CT $ 525,000
102-104 Boswell Avenue
$ 525,000
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102-104 Boswell Avenue

Norwich, CT, 06360
$ 525,000
Bedrooms10 Baths5.0 Sq 4,885

Monthly Estimate*

$ 3,315

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Multi-Family Home for sale in Norwich, CT

for $525,000 with 10 bedrooms and 5 full baths. This 4,885 square foot home was built in 1875 on a lot size of 0.18.

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.

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Multi-Family Active

Price

$ 525,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,633

Style

Lot Size

0.18

Year Built

1875

Town/City

Norwich

MLS | Web ID

24187715

Features
General
Zoning NC
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.18
Directions GPS
High School Per Board of Ed
City Norwich
Elementary School Per Board of Ed
Sq Ft Total 4885
DOM 0
Year Built 1875
Style Units on different Floors
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 5
Total Rooms 23
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Anthony Velez

Listing Agent

Vc Property Group, Llc

Broker

anthony.velez@vcpropertygrp.com

Email

Affordability Calculator

$3,951
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$636
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$525,000 Listed Price

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102-104 Boswell Avenue, Norwich, CT, 06360 is a Multi-Family Home for sale at $525,000 with 4,885 sqft and a lot size of 0.18. 102-104 Boswell Avenue has 10 bedrooms, 5.0 baths, and was built in 1875. The property's zip code is 06360 which is in Norwich, CT