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 | 15 |
| Zoning | MF |
| RE / Bank Owned | No |
Listing Details
| Office | VC Property Group, LLC |
|---|