Under contract

$525,000

102-104 Boswell Avenue, Norwich, CT 06360

10beds

4,885sqft

$3,956/mo

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Multi Family

Built in 1875

-- sqft lot

$-- Zestimate^®

$107/sqft

$-- HOA

What's special

Desirable unit mixOwner paid gas heat

Turnkey 5-unit multifamily investment opportunity offering immediate cash flow and long-term appreciation potential. The property is currently generating over $77,000 in annual rental income and supports a projected stabilized NOI exceeding $51,000, equating to an estimated 9.81% cap rate and 15.28% projected return on investment. The building features a desirable unit mix, separately metered electric, public water and sewer, owner paid gas heat, and low-maintenance operations. With approximately 4,885 square feet and a strong rental history, this asset is ideally suited for investors seeking dependable income, attractive investment metrics, and a well-positioned multifamily property in Norwich's established rental market.

28 days

263

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5

Heating

Steam, Natural Gas

Cooling

None

Appliances

Included: Water Heater

Features

Basement: Full
Attic: Walk-up
Has fireplace: No

Interior area

Total structure area: 4,885
Total interior livable area: 4,885 sqft
Finished area above ground: 4,885

Property

Lot

Size: 7,840 Square Feet
Features: Level

Details

Parcel number: 2412647
Zoning: NC

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Masonry
Roof: Asphalt

Condition

New construction: No
Year built: 1875

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Norwich

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $188,600
Annual tax amount: $6,441
Date on market: 6/29/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/10/2026	Pending sale	$525,000$107/sqft
Source: Smart MLS #24187715 Report a problem
6/29/2026	Listed for sale	$525,000$107/sqft
Source: Smart MLS #24187715 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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