Back 681 North Main Street
Off Market

681 North Main Street

Norwich CT 06360

8
4
2800 sq. ft.
0.16 ac.
Duplex
Last sold for $465,000
Anthony VelezAnthony Velez, last sold this property on 30 July 2026 after 489 days on market.

Overview

We are 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 10 CAP with an 18% ROI, and 26% Proforma ROI. At stabilization, the asset achieves approximately $56,710 NOI and a 1.88x DSCR, offering strong yield with minimal execution risk. The property features a mix of tenant and owner 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.

Features

8 bedrooms
4 bathrooms
2800 sq. ft. floor area
0.16 ac. lot size
Duplex

Estimated Value

Based on this property and similar 8 bedroom duplexes sold in Norwich over the last 12 months, the estimated median property value of 681 North Main Street is $482.5k.

Median value
$482.5k
Estimated value range
$375k - $750k
Median days on market
15
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norwich. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 681 North Main Street

2026
Sold
$465,000
30 Jul 2026 by Anthony Velez, of VC Property Group, LLC
2023
Sold
Undisclosed
28 Mar 2023
2020
Sold
$115,000
02 Jan 2020 by Geoff Hausmann, of REMAX On the Bay | Niantic

Happy sellers in Norwich

90%
90% of sellers in Norwich reported that their sale price either exceeded or met their price expectations.

Norwich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Norwich over the last 12 months.

Local market activity for 8 bedroom duplexes in Norwich

In the last 12 months, 5 eight-bedroom duplexes similar to 681 North Main Street, have been sold.

This represents a 38% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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