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For sale
  • $2,575,000

    681 N Main St, Norwich, CT 06360

    10beds
    2,800sqft
    : 
    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $920/sqft
    $-- HOA

    What's special

    This is a fully stabilized 21 unit portfolio rented at 85% full market rent, so though it is rented strongly, it does have a 15% upside. At full market rates, this turn key portfolio yields an impressive 15% ROI and $100k net cash flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property.
    29 days
    on Zillow
    |
    478
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 11:09am

    Listed by:

    Anthony Velez,

    VC Property Group, LLC

    Source: Smart MLS,MLS#: 24083805MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 681 N Main St.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: None
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,800
    • Total interior livable area: 2,800 sqft
    • Finished area above ground: 2,800

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 6,969.6 Square Feet
    • Features: Level
    Details
    • Parcel number: 2027850
    • Zoning: GC

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4updown - Unit(s) per Floor
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Clapboard
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Norwich

    Financial & listing details

    • Price per square foot: $920/sqft
    • Tax assessed value: $175,200
    • Annual tax amount: $6,693
    • Date on market: 3/27/2025
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