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$525,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 2 hours ago
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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

  • Price: $525,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24187715
  • Updated: Today (6/29/2026)
  • Added to Site: Today

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 2025-June 2026

Disclosures and Reports

  • Property ID: 2412647

Listed by VC Property Group, LLC, Anthony Velez

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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

Price & Sales History for 102-104 Boswell Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Listed
$525,000
-27.59%
MLS
7/31/2023
Sold
$725,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 102-104 Boswell Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,633
6%
$188,600
—
2023
$7,205
8%
$188,600
37%
2023
$6,678
—
$137,300
—
2022
$6,656
—
$137,300
—
2021
$6,678
—
$137,300
—
2020
$6,655
1%
$137,300
—
2019
$6,589
-2%
$137,300
-1%
2018
$6,717
-1%
$138,800
—
2017
$6,765
-1%
$138,800
—
2016
$6,810
2%
$138,800
—
2015
$6,671
5%
$138,800
—
2014
$6,375
53%
$138,800
8%
2011
$4,163
—
$129,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by VC Property Group, LLC, Anthony Velez

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102-104 Boswell Avenue, Norwich, CT 06360 (MLS# 24187715) is a Multi-Family property with 5 units containing 10 bedrooms and 5 full bathrooms. 102-104 Boswell Avenue is currently listed for $525,000 and was received on June 29, 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.

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