138 Broadway

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138 Broadway

Norwich, CT 06360
Asking Price
$325K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

138 BROADWAY, NORWICH, CT 06360 <ul><li>​2,979 SF Renovated historic building</li><li>​3 spacious units- 2 Apartments -Ground floor office space</li><li>​Ground Floor office could be approved for third apartment</li><li>​Fire Sprinkler System and Alarm Systems</li><li>​Newer Split System Heating and Cooling</li><li>​Constructed in 1910</li><li>​Renovated in 2016</li><li>​Prime NORWICH location</li><li>​Easy walk to Restaurants & Bars</li><li>​Near St Patrick's Cathedral</li><li>​Easy Walk to all Downtown attractions</li></ul>

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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928

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