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$1,265,000
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Property Description
Exceptional investment opportunity! Fully occupied 8-unit multifamily property with long-term tenants and immediate, stable cash flow. Well maintained with low operating expenses and strong rental history. Turnkey asset offering consistent income with minimal management. Convenient location near shopping, restaurants, public transportation, and major routes. A great addition to any investment portfolio.
Full Property Details
Full Property Details for 531-545 Boswell Ave
General
- Sold For: $1,265,000
- Taxes: (July 2026-June 2027)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24190842
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 32
Rooms
Bathrooms
- Total Bathrooms: 16
- Full Bathrooms: 8
- Half Bathrooms: 8
Bedrooms
- Total Bedrooms: 16
Other Rooms
- Laundry: All Units Have Hook-Ups
Exterior
- Color: gray
Parking
- Total Spaces: 13
- Parking: Driveway
Location
- County: New London
- Driving Directions: per gps
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric
- Heating Fuel: Electric
- Water Heater: Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 8,585
- Above Ground: 8,585 Sq. Ft.
- Year Built: 1975
Unit Information
Unit 1
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2
- Partial Bathrooms: 1
- Bedrooms: 4
Unit 5
- Total Bathrooms: 2
- Half Baths: 1
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 2
- Half Baths: 1
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 7
- Full Bathrooms: 1
- Partial Bathrooms: 1
- Bedrooms: 2
Unit 8
- Total Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.57
- Driveway/Sidewalk: Paved
- Zoning: MF
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $249,100
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 2412218
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Schools
Schools serving 531-545 Boswell Ave
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
John M. Moriarty School 20 Lawler Lane, Norwich, CT 06360 | K-5 | 2.3 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 1.3 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 531-545 Boswell Ave
Date
Details
Price
Change
Source
9/16/2026
Sold
$1,265,000
1.2%
MLS
7/11/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
531-545 Boswell Avenue, Norwich, CT 06360 (MLS# 24190842) is a Multi-Family property that was sold at $1,265,000 on September 16, 2026. This property was listed by Jennifer Jones Team from our Old Lyme/Old Saybrook/Essex Office.Want to learn more about 531-545 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.

