New Listing - 04/29/2025

$3,250,000 ($606.12 per sqft)

Est. Mortgage $16,648/mo *

Quick Pre-Approval

221 Broadway, Norwich, CT, 06360

221 Broadway, Norwich, CT, 06360

16 rooms

10 beds

4 Full baths

1860

Units on different Floors

5,362 sqft

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?


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

MF

Heating:

Steam

Cooling:

None

Basement:

Full

Acreage:

0.29

Est. Taxes:

$15,330

Assessment

$401,300

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

9

MLS #:

24091791


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Anthony Velez, VC Property Group, LLC Email: anthony.velez@vcpropertygrp.com