221 Broadway, Norwich, Connecticut

$3,250,000

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10

Beds

5

Baths

5,362

Square feet

0.29

Acres

About 221 Broadway

Welcome to this breath taking portfolio of architectural gems. This never before seen portfolio of Class A multifamily properties has been finished with extraordinary precision. Consisting of 20 units across 5 properties, each beaming with historic New England charm, tasteful color schemes, and locational prowess! Each building features cohesive details from boutique light fixtures to rustic flooring and high end appliances. This opportunity speaks for itself as the quality and aesthetic value of the apartments rivals the impeccable facade of each building. These trophy properties will shine for decades to come while maintaining their intrinsic value being situated within the historic small city setting that Norwich provides. Oh, and did I mention the STRONG in-place rents and cashflow, with 14% ROI upside?

Features of 221 Broadway

MLS® # 24091791
Price $3,250,000
Bedrooms 10
Bathrooms 5.00
Full Baths 5
Square Footage 5,362
Acres 0.29
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Units on different Floors
Status Active

Community Information

Address 221 Broadway
Area N/A
City Norwich
County New London
State Connecticut
Zip Code 06360

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Steam, Natural Gas
Cooling None
Fireplace No

Exterior

Exterior Brick
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Masonry

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed April 29th, 2025
Days on Market 79
Zoning MF
RE / Bank Owned No

Listing Details

Office
VC Property Group, LLC

Listing Map

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