6 Unit Multifamily, Norwich CT

April 9, 2020

Looking for a great investment property in historic, downtown Norwich? Fully occupied and awesome rental history! The property has long term tenants and there has been no problem filling vacancies. Cap rate is a 10. This building may be able to be converted to condos. The location is in close proximity to Norwich's up and coming downtown, schools, shops, restaurants, professional buildings, and is across the street from St. Patrick's. It's in a beautiful area of town for an evening walk. The property has a newer roof, energy star hot water heaters, and updated plumbing and electrical systems. It offers plenty of off street parking, historic charm, and plenty of storage. Come find your next investment at 214 Broadway! Please note the tax assessor information is filling in inaccurately. Assessed: $213,500 Taxes: approximately $10,200

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