$2,575,000

681 N Main St Norwich, CT 06360

10 beds
5 full
2,800 sqft
0.2 acres
$920 / sqft
Multi-Family

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

Home typeMulti Family
HeatingHot Water
StatusActive
Size2,800 sqft
Lot size0.16 Acres
Year built1953
MLS #24083805

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

IDXCopyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

DateEventPrice
Mar 28, 2023
Home Sold
$282,150
Jan 02, 2020
Home Sold
$115,000
Feb 20, 1990
Home Sold
$140,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

47%
<35k
47%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
16%
Single, with Kids
17%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • ChevroletChevrolet
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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