New Listing - 06/29/2026
Listing courtesy of Anthony Velez (860) 300-3102, VC Property Group, LLC (860) 300-3102
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
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School Info
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