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$525,000

  • Sold
  • Closed
  • Multi-Family
  • 10 Total Beds
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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.

Full Property Details for 102-104 Boswell Ave

General

  • Sold For: $525,000
  • Taxes: (July 2026-June 2027)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24187715
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 23

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Location

  • County: New London
  • Driving Directions: GPS

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Steam, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: 40 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 4,885
  • Above Ground: 4,885 Sq. Ft.
  • Year Built: 1875

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.18
  • Zoning: NC
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $188,600
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Property ID: 2412647

Listed by VC Property Group, LLC, Anthony Velez
Sold by eXp Realty, Michael Doherty

Listing agent

— 102-104 Boswell Ave —

  • Anthony Velez

    VC Property Group, LLC

Agent Contact: (860) 300-3102 Office Contact: (860) 300-3102

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 102-104 Boswell Ave

School District:Norwich School District
NameGradesDistance
John M. Moriarty School
20 Lawler Lane, Norwich, CT 06360
K-52.9 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-81.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 102-104 Boswell Ave

Date
Details
Price
Change
Source
7/30/2026
Sold
$525,000
—
MLS
6/29/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by VC Property Group, LLC, Anthony Velez
Sold by eXp Realty, Michael Doherty

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102-104 Boswell Avenue, Norwich, CT 06360 (MLS# 24187715) is a Multi-Family property that was sold at $525,000 on July 30, 2026. Want to learn more about 102-104 Boswell Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.