681 N Main St, Norwich, CT 06360
- $465,000
- 8
- BD
- 4
- BA
- 2,800
- SqFt
- List Price
- $465,000
- Status
- PENDING
- Days on Market
- 29
- MLS#
- 24187712
- Subtype
- Multi-Family For Sale
- Year Built
- 1953
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,800
- Lot Size
- 6,969
- Acres
- 0.16
- Neighborhood
- N/A
Property Description
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.
/u.realgeeks.media/spauldingrealty/Spaulding_Realty_Group_Logo.png){kind=logo}
Additional Information
- Taxes
- $5,983
- Zoning
- GC
- Heating
- Hot Water
- Air Conditioning
- None
- Foundation
- Masonry Perimeter
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Anthony Velez from VC Property Group, LLC. (860) 300-3102 (860) 300-3102
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. Copyright 2026 SmartMLS, Inc.