221 Broadway

Norwich, CT 06360

$3,250,000 PRICE
10 Beds
5 Baths
5,362 Sqft
0.29 Acres
1860 Built

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?

Additional Information

ADDITIONAL INFORMATION

ACRES: 0.29
BASEMENT DESCRIPTION: Full
HIGH SCHOOL: Per Board of Ed
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 5,362
PROPERTY TAX: $15,330
SEWER: Public Sewer Connected
STYLE: Units on different Floors
TAX AMOUNT: $15,330
UNIT COUNT: 4
YEAR BUILT: 1860
YEAR BUILT DETAILS: Public Records
ZONING: MF

INTERIOR FEATURES

BEDS: 10
FULL BATHS: 5
FURNACE TYPE: Natural Gas
HEAT: Natural Gas
HEAT FUEL: Natural Gas
HOT WATER: 50 Gallon Tank
ROOMS: 20
TOTAL BATHS: 5

EXTERIOR FEATURES

EXTERIOR SIDING: Brick
ROOF: Asphalt Shingle

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Location for 221 Broadway, Norwich, CT

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Community

Norwich

Shoreline, Connecticut

Norwich, ‘The Rose of New England’ is a thriving, multi-cultural city on the Thames River in southeastern Connecticut with a rosy outlook for growth.

Market Stats for Norwich, Connecticut

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William Pitt Sotheby's International Realty

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.