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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

Public Remarks

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?

Map to Property at 221 Broadway , Norwich CT 06360


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Residential Property Information for 221 Broadway , Norwich CT 06360

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

Features
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
Utility Information

Hot Water System

Heat Type:

Fueled By: Steam.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

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

Listing Agent and Broker

List Agent Name: Anthony Velez

List Office Name: VC Property Group, LLC