New Listing - 06/29/2026

$465,000 ($166.07 per sqft)

Est. Mortgage $2,230/mo *

Quick Pre-Approval

Listing courtesy of Anthony Velez (860) 300-3102, VC Property Group, LLC (860) 300-3102


681 North Main Street, Norwich, CT, 06360

681 North Main Street, Norwich, CT, 06360

16 rooms

8 beds

4 Full baths

1953

Units on different Floors

2,800 sqft

We are proud to present a 4-unit multifamily asset located at 681 N Main Street. The property is fully occupied and generating $61,752 in current gross income, delivering an in-place 10 CAP with an 18% ROI, and 26% Proforma ROI. At stabilization, the asset achieves approximately $56,710 NOI and a 1.88x DSCR, offering strong yield with minimal execution risk. The property features a mix of tenant and owner paid utilities, public water/sewer, and a low operating expense profile. This is a stabilized asset with immediate cash flow and mark-to-market rent upside.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

GC

Heating:

Hot Water

Cooling:

None

Basement:

Full

Acreage:

0.16

Est. Taxes:

$7,090

Assessment

$175,200

Lot Description:

Level Lot

Waterfront:

Yes

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

6

MLS #:

24187712


Community Info

School Info

Walk Score

Mass Transit

Yelp


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