502 E Main Street
Norwich, CT 06360
12
Bed
4
Bath
3,724Sqft
0.11Acre(Lot)
**Turnkey Four-Unit Investment Opportunity!** Fully renovated and fully rented, this exceptional property offers four spacious three-bedroom, one-bath units-three in the main building and a separate cottage in the rear. Generating approximately $7,500 per month, or $90,000 annually, in reliable rental income, this is an outstanding opportunity for investors seeking immediate cash flow with minimal deferred maintenance. Extensive renovations have been completed throughout, offering low expenses and overhead and eliminating the need for major capital improvements. Three of the four units feature laundry hookups and dishwashers. Ideally located near shopping, dining, medical facilities, major commuter routes, and the area's nearby casinos. This property combines strong rental demand with conv
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 24 Has Basement: Yes Basement: Partial, Unfinished -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Baseboard Cooling: None
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Building Information
Year Built: 1860 Building Area Total: 3724 Construction Materials: Vinyl Siding, Frame Private Pool: No
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Lot Information
Lot Size Acres: 0.11 Lot Description: Sloped
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Listing Price Information
Listing Price: $725000
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Tax Information
Parcel Number: 2412488 Annual Tax: $6625
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Norwich Free Academy -
Location Information
Direction: GPS Friendly WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 313 Central Avenue, Norwich, CT, 06360 | $319,000 | 5 | 3 | 2,560 | 0.13 Acre |
| 287 Central Avenue, Norwich, CT, 06360 | $995,000 | 6 | 5 | 4,130 | 0.08 Acre |
| 617 E Main Street, Norwich, CT, 06360 | $255,000 | 5 | 2 | 2,512 | 0.95 Acre |
| 79 Prospect Street, Norwich, CT, 06360 | $345,000 | 8 | 3 | 3,123 | 0.24 Acre |
| 463 E Main Street, Norwich, CT, 06360 | $525,000 | 9 | 3 | 3,087 | 0.24 Acre |
| 116 Taftville Occum Road, Norwich, CT, 06360 | $410,000 | 6 | 3 | 2,641 | 0.20 Acre |
| 155 Cliff Street, Norwich, CT, 06360 | $370,000 | 8 | 3 | 2,035 | 0.17 Acre |
| 158 Cliff Street, Norwich, CT, 06360 | $350,000 | 6 | 2 | 1,685 | 0.30 Acre |
| 371 Laurel Hill Avenue, Norwich, CT, 06360 | $369,500 | 6 | 2 | 2,232 | 0.12 Acre |
| 11 Division Street, Norwich, CT, 06360 | $46,000 | 4 | 2 | 2,130 | 0.17 Acre |
Similar Multifamily To 502 E Main Street
Nearby For Sale
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
ByOwner last updated this listing 09/02/2026 @ 07:46
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