$10,000 Closing Credit¹
#24093110, Anthony Velez, Listing Office: VC Property Group, LLC
#24091791·
Listing office: VC Property Group, LLC·
Listing agent: Anthony Velez·
Listing office phone: (860) 519-3800
$3,250,000 List price
221 Broadway Norwich, CT 06360
10 beds
5 full
5,362 sqft
0.3 acres
$606 / sqft
Multi-Family
Property details
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?
Highlights
Home typeMulti Family
HeatingSteam
StatusActive
Size5,362 sqft
BasementYes
Lot size0.29 Acres
Year built1860
MLS #24091791
Virtual tour
Summary
- Full Bathrooms: 5
- Basement: Yes
- Total Bedroom Count: 10
- Attached Garage: No
- Private Pool: No
- Parking: None
- Heating: Steam
- Cooling: None
- List Price: $3,250,000
- Price/SqFt: $606
- Annual Tax Amount: $15,330
- Tax Year: 2024
- Lot: Level
- Directions: Call Agent
- Year Built: 1860
- Living Area: 5,362 SqFt
- Lot Size: 0.29 Acres
- MLS Number: 24091791
- Office Name: VC Property Group, LLC
- Office Phone: (860) 519-3800
- Office Email: anthony.velez@vcpropertygrp.com
- Listing Agent: Anthony Velez
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,250,000
221 Broadway
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 06, 2012 | Home Sold | $250,000 |
| Dec 23, 2004 | Home Sold | $370,000 |
| Jul 01, 2003 | Home Sold | $232,600 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $401,300 | $15,330 |
| 2022 | $193,100 | $9,361 |
| 2021 | $193,100 | $9,392 |
| 2020 | $193,100 | $9,360 |
| 2019 | $193,100 | $9,267 |
History based on county public records data.
Nearby schools
4
John B. Stanton School
Public District KG-5
1.3 mi
•386 New London Tpke
4
Uncas Elementary School
Public District KG-5
1.6 mi
•280 Elizabeth Street Ext
3
Samuel Huntington School
Public District KG-5
1.7 mi
•80 W Town St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,253. Typical income of Norwich, CT residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
3%
<35k
59%
35k-100k
30%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
67%
Single, No Kids
11%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Soccer
Continuing Education Courses
Where do the neighbors shop?
Nordstrom Rack
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Chipotle
Dominos Pizza
Qdoba
What do the neighbors drive?
Mazda
Volkswagen
Toyota
What do the neighbors listen to?
Rock
Rhythmic Contemporary Hits
Urban Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$5,807 Closing Credit¹
#24081048, Anthony Velez, Listing Office: VC Property Group, LLC
This home is located at 221 Broadway in Norwich, CT and zip code 06360. This 5,362 square foot home, which was built in 1860, sits on a 0.29 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $3,250,000.
In April 2025 more than 23 listings in Norwich, CT were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 11 were sold below. Between March and April 2025, Norwich, CT real estate market has seen decrease in the number of listings by 0.6%.
From Rocket Homes Real Estate and based on county public records data.