Multi-Family For Sale · 5 Family+
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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.
Listed by Anthony Velez (860) 300-3102 with VC Property Group, LLC (860) 300-3102
Estimate only. Contact a lender for accurate figures.
Anthony Velez · (860) 300-3102
VC Property Group, LLC · (860) 300-3102
MLS# 24187715 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Jul 10, 2026 4:58 PM UTC
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102-104 Boswell Avenue, Norwich CT, 06360
$525,000 • Under Contract
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