681 North Main Street, Norwich, CT 06360

• 8 beds |
• 4 baths |
• 2,800 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

June 27, 2026 at 4:50AM

Listing Office:

VC Property Group, LLC : (860) 300-3102

Listing Agent:

Anthony Velez : (860) 300-3102

MLS ID:

24168585

Interior

• Basement: Full
• A/C: None
• Heating: Hot WaterElectric
• Fireplace: Fireplaces: 0

Exterior

• Style: Units on different Floors

Construction

• Roofing: Asphalt Shingle

Location

• County: New London

Lot

• Zoning: GC2027850

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected