102-104 Boswell Avenue
Norwich, CT 06360
10
Bed
5
Bath
4,885Sqft
0.18Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Rooms Total: 23 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Steam Cooling: None
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Building Information
Year Built: 1875 Building Area Total: 4885 Construction Materials: Vinyl Siding, Frame Private Pool: No
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Lot Information
Lot Size Acres: 0.18 Lot Description: Level
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Listing Price Information
Listing Price: $525000
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Tax Information
Parcel Number: 2412647 Annual Tax: $7633
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
Location Information
Direction: GPS WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 681 N Main Street, Norwich, CT, 06360 | $465,000 | 8 | 4 | 2,800 | 2,800 SqFt |
| 617 E Main Street, Norwich, CT, 06360 | $275,000 | 5 | 2 | 2,512 | 2,512 SqFt |
| 57-59 Tenth Street, Norwich, CT, 06360 | $400,000 | 4 | 2 | 1,901 | 1,901 SqFt |
| 104 Norwich Avenue, Norwich, CT, 06360 | $299,900 | 6 | 3 | 2,056 | 2,056 SqFt |
| 116 Taftville Occum Road, Norwich, CT, 06360 | $410,000 | 6 | 3 | 2,641 | 2,641 SqFt |
| 100-102 Taftville Occum.., Norwich, CT, 06360 | $290,000 | 4 | 2 | 1,800 | 1,800 SqFt |
| 77 Taftville Occum Road, Norwich, CT, 06360 | $268,000 | 4 | 2 | 1,518 | 1,518 SqFt |
| 36 Reynolds Street, Norwich, CT, 06360 | $309,900 | 4 | 2 | 1,516 | 1,516 SqFt |
| 11 Division Street, Norwich, CT, 06360 | $50,000 | 4 | 2 | 2,130 | 2,130 SqFt |
| 35 Lake Street, Norwich, CT, 06360 | $299,000 | 9 | 3 | 2,040 | 2,040 SqFt |
Similar Multifamily To 102-104 Boswell Avenue
Nearby For Sale
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ByOwner last updated this listing 07/02/2026 @ 12:14
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