102 Boswell Avenue new

Norwich,CT 06360

$ 459000

10 Beds

5 Baths

4885 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,885 sqft

Price per Sqft $93

MLS Listing ID 24108386

Style Units on different Floors

Bedrooms 10

Full Baths 5

Year Built 1875

Annual Tax Amount $7,689

Lot Size 7,840 Sqft

Property Sub-Type 5 Family+

Property Description

Great investment opportunity to acquire a fully occupied 5 unit multifamily in one of CT's highest yield multifamily markets. Property yields a 15% ROI at entry, with a 21% ROI proforma and being offered at a 10 CAP. The current, gross monthly rent is $6,320. This is an absolute money maker priced to move quickly.

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

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