Connecticut, Norwich, CT 06360
Property Type
Quadruplex
Year Built
1953
Home Style
Units on different Floors
Listing courtesy of Anthony Velez (860-519-3800) of VC Property Group, LLC (860-300-3102).
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.
0.16 Acres
4
4
8
Norwich
2,800 Sqft
Connecticut
Quadruplex
1953
Yes
Units on different Floors
Frame, Clapboard
4
1953
GC
Connecticut
connecticut
Level, Waterfront
Full
Yes
Yes - Electric, Hot Water
16
Public
Total$2,594.83/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

Connecticut offers a vibrant outdoor lifestyle with activities like hiking in the Litchfield Hills, kayaking along the Long Island Sound.
Information is deemed reliable but is not guaranteed and should be independently verified.