Hickory Court | 229 Boswell Ave
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Hickory Court 229 Boswell Ave
5 Unit Apartment Building $2,500,000 ($500,000/Unit) Norwich, CT 06360
Investment Highlights
- Potential to add additional units.
Executive Summary
Hickory Court consists of two 8,535 SF buildings each with 5 apartments and one home situated on 3.67 acres in close proximity to downtown. Acreage to add up to 21 more units. There is currently 1 unit available. Apartment being fully renovated. Ready to rent February 1, 2024. All units have 3 bedrooms and 2 1/2 baths. Tenants pay electricity, owner pays sewer & water. Close to Backus Hospital, downtown Norwich and I-395.
Property Facts
| Price | $2,500,000 | Apartment Style | Low Rise |
| Price Per Unit | $500,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.67 AC |
| No. Units | 5 | Building Size | 16,512 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1950/2008 |
| Price | $2,500,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 3.67 AC |
| Building Size | 16,512 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2008 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 5 | - | - |
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PROPERTY TAXES
| Parcel Number | NORW-000094-000001-000022 | Improvements Assessment | $738,300 |
| Land Assessment | $154,000 | Total Assessment | $892,300 |
PROPERTY TAXES
Parcel Number
NORW-000094-000001-000022
Land Assessment
$154,000
Improvements Assessment
$738,300
Total Assessment
$892,300
zoning
| Zoning Code | MF (Multifamily) |
| MF (Multifamily) |
-
Connie Howard -
Susan Howard -
US Properties
(860) 437-0101
x223
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Hickory Court | 229 Boswell Ave
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