$425,000
$34K PRICE DROP

102 Boswell Ave Norwich, CT 06360

Central Norwich Neighborhood

Estimated payment $2,988/month

Total Views 83,427
10 Beds
5 Baths
4,885 Sq Ft
$87 Price per Sq Ft

Highlights

  • Attic
  • Heating System Uses Steam
  • Level Lot

About This Home

Great investment opportunity to acquire a fully occupied 5 unit multifamily in one of CT's highest yield multifamily markets. Property yields a 15% ROI at entry, with a 21% ROI proforma and being offered at a 10 CAP. The current, gross monthly rent is $6,320. This is an absolute money maker priced to move quickly.

Listing Agent

Connor Wenchell

VC Property Group, LLC License #RES.0818692 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,689

Year Built

  • Built in 1875

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 4,885 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2412647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,689

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4885
  • Total Sq Ft: 4885
  • Year Built: 1875
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Must call agent to verify next showing availability prior to requesting through Showing Time. All showings are to be considered open showings, no one-off showings. All showings must be confirmed through Showing Time.
  • Living Area Sq Ft Per Public Record: 4885
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Attic Description: Walk-up
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 102

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.18
  • Lot Description: Level Lot
  • Zoning: NC
  • Parcel #: 2412647

Multi Family

  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7689
  • Total Assessed Value: 188600
  • Mil Rate Total: 40.77

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $425,000 -4.5% $87 / Sq Ft
07/14/2025 07/14/25 Price Changed $445,000 -3.1% $91 / Sq Ft
07/01/2025 07/01/25 For Sale $459,000 -- $94 / Sq Ft
Source: SmartMLS

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See All Homes in Norwich

Source: SmartMLS

MLS Number: 24108386

SmartMLS

Connecticut New London County Norwich 06360 Central Norwich

102 Boswell Ave, Norwich, CT

This home is located at 102 Boswell Ave, Norwich, CT 06360 and is currently priced at $425,000, approximately $87 per square foot. This property was built in 1875. 102 Boswell Ave is a home located in New London County with nearby schools including Moriarty Environmental Sciences Magnet School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Connor Wenchell
Listing Agent
Connor Wenchell
Section Image
VC Property Group, LLC
(860) 238-3855