
681 N Main St Norwich, CT 06360
Property details
About 681 N Main St
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.
Highlights
Summary
- MLS Number: 24083805
- Office Name: VC Property Group, LLC
- Office Phone: (860) 519-3800
- Office Email: anthony.velez@vcpropertygrp.com
- Listing Agent: Anthony Velez
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Last updated on: 4/15/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,575,000
681 N Main St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 28, 2023 | Home Sold | $282,150 |
Jan 02, 2020 | Home Sold | $115,000 |
Feb 20, 1990 | Home Sold | $140,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $175,200 | $6,693 |
2022 | $78,400 | $3,801 |
2021 | $78,400 | $3,813 |
2020 | $78,400 | $3,800 |
2019 | $78,400 | $3,762 |
History based on county public records data.
Nearby schools
3
Wequonnoc Magnet School
Public Magnet KG-5
1.9 mi
•155 Providence St
3
Moriarty Magnet School
Public Magnet KG-5
2.3 mi
•20 Lawler Ln
3
Samuel Huntington School
Public District KG-5
2.6 mi
•80 W Town St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,567. The most common annual income of people living in Norwich, CT is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 681 N Main St in Norwich, CT and zip code 06360. This 2,800 square foot home, which was built in 1953, sits on a 0.16 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $2,575,000.
While more than 16 listings in Norwich, CT in March 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 14 were sold below. The number of listings in Norwich, CT increased by 4.3% between February and March 2025.