681 N Main Street
Norwich, CT 06360
8
Bed
4
Bath
2,800Sqft
0.16Acre(Lot)
VC Property Group is 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 cap rate of approximately 9.39%, with upside to an 11.46% cap rate at stabilization through modest rent increases. At stabilization, the asset achieves approximately $56,710 NOI and a 1.80x DSCR, offering strong yield with minimal execution risk. The property features tenant-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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 16 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Electric, Hot Water Cooling: None Water front: 1
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Building Information
Year Built: 1953 Building Area Total: 2800 Construction Materials: Frame, Clapboard Private Pool: No
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Lot Information
Lot Size Acres: 0.16 Lot Description: Level, Waterfront
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Listing Price Information
Listing Price: $495000
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Tax Information
Parcel Number: 2027850 Annual Tax: $7090
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
Location Information
Direction: Call Agent WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 104 Norwich Avenue, Norwich, CT, 06360 | $299,900 | 6 | 3 | 2,056 | 2,056 SqFt |
| 87 Hunters Avenue, Norwich, CT, 06360 | $399,900 | 4 | 4 | 3,128 | 3,128 SqFt |
| 77 Taftville Occum Road, Norwich, CT, 06360 | $268,000 | 4 | 2 | 1,518 | 1,518 SqFt |
| 36 Reynolds Street, Norwich, CT, 06360 | $309,900 | 4 | 2 | 1,516 | 1,516 SqFt |
| 11 Division Street, Norwich, CT, 06360 | $54,300 | 4 | 2 | 2,130 | 2,130 SqFt |
| 35 Lake Street, Norwich, CT, 06360 | $299,000 | 9 | 3 | 2,040 | 2,040 SqFt |
| 232 Franklin Street, Norwich, CT, 06360 | $299,900 | 4 | 4 | 2,606 | 2,606 SqFt |
| 220 Franklin Street, Norwich, CT, 06360 | $240,000 | 9 | 3 | 2,416 | 2,416 SqFt |
| 142 Broad Street, Norwich, CT, 06360 | $535,000 | 5 | 4 | 4,146 | 4,146 SqFt |
| 202 Broadway, Norwich, CT, 06360 | $895,000 | 8 | 7 | 3,861 | 3,861 SqFt |
Similar Multifamily To 681 N 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 06/11/2026 @ 20:59
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