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221 Broadway , Norwich CT 06360
Current Price: $3,250,000
10 beds
5 baths
5362 sq. ft
Last Update: 6/22/2025
Property Type: Multi-Family For Sale
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?
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MLS #: 24091791
Style: Units on different Floors
Color:
Total Rooms:
Bedrooms: 10
Bathrooms: 5
Acres: 0.29
Year Built: 1860 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $15,330
Zoning: MF
Mil Rate:
Assessed Value: $401,300
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 5362; below grade sq feet total is ; total sq ft is 5362
Fireplaces: | 0 |
Basement Desc.: | Full |
Exterior Siding: | Brick |
Foundation: | Masonry |
Roof: | Asphalt Shingle |
Garage/Parking Type: | None |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Level Lot |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Steam.
Cooling: None
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Per Board of Ed
Current List Price: $3,250,000
Original List Price: $3,250,000
DOM: 54
Listing Date: 4/29/2025
Last Updated: 4/29/2025 4:24:36 PM
List Agent Name: Anthony Velez
List Office Name: VC Property Group, LLC