221 Broadway new

Norwich,CT 06360

$ 3250000

10 Beds

5 Baths

5362 SqFt


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

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