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681 N Main Street

Norwich, CT 06360
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Bed 8

Bed

Bath 4

Bath

SqFt2,800

Sqft

Acres0.16

Acre(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 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.

Detail Ic Property Details

Property Type : Residential Income

Price : $465,000

AD Id : 87343447

MLS Id : 24187712

Beds : 8

Lot Size : 0.16 Acre

Living Area Size : 2,800

Year Built : 1953

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room 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

  • Building Information

    Year Built: 1953 Building Area Total: 2800 Construction Materials: Frame, Clapboard Private Pool: No Water front Features: River Front

  • Lot Information

    Lot Size Acres: 0.16 Lot Description: Level, Waterfront

  • Listing Price Information

    Listing Price: $465000

  • Tax Information

    Parcel Number: 2027850 Annual Tax: $7090

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Call Agent WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
617 E Main Street, Norwich, CT, 06360 $275,000 5 2 2,512 2,512 SqFt
57-59 Tenth Street, Norwich, CT, 06360 $400,000 4 2 1,901 1,901 SqFt
104 Norwich Avenue, Norwich, CT, 06360 $299,900 6 3 2,056 2,056 SqFt
116 Taftville Occum Road, Norwich, CT, 06360 $410,000 6 3 2,641 2,641 SqFt
100-102 Taftville Occum.., Norwich, CT, 06360 $290,000 4 2 1,800 1,800 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
102-104 Boswell Avenue, Norwich, CT, 06360 $525,000 10 5 4,885 4,885 SqFt
11 Division Street, Norwich, CT, 06360 $50,000 4 2 2,130 2,130 SqFt
35 Lake Street, Norwich, CT, 06360 $299,000 9 3 2,040 2,040 SqFt

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 07/01/2026 @ 22:15

MLS: 24187712 LISTED BY: Anthony Velez, VC Property Group, LLC SOURCE: SmartMLS

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