40
See all 40 photos
$3,250,000
Est. payment /mo
10 Beds
5 Baths
5,362 SqFt
New
221 Broadway Norwich, CT 06360
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,362 sqft
Price per Sqft $606
MLS Listing ID 24091791
Style Units on different Floors
Bedrooms 10
Full Baths 5
Year Built 1860
Annual Tax Amount $15,330
Lot Size 0.290 Acres
Property Sub-Type 5 Family+
Property Description
Welcome to this breath taking portfolio of architectural gems. This never before seen portfolio of Class A multifamily properties has been finished with extraordinary precision. Consisting of 20 units across 5 properties, each beaming with historic New England charm, tasteful color schemes, and locational prowess! Each building features cohesive details from boutique light fixtures to rustic flooring and high end appliances. This opportunity speaks for itself as the quality and aesthetic value of the apartments rivals the impeccable facade of each building. These trophy properties will shine for decades to come while maintaining their intrinsic value being situated within the historic small city setting that Norwich provides. Oh, and did I mention the STRONG in-place rents and cashflow, with 14% ROI upside?
Location
State CT
County New London
Zoning MF
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
Listed by Anthony Velez • VC Property Group, LLC