Multi-Family For Sale · 4 Family
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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.
Listed by Anthony Velez (860) 300-3102 with VC Property Group, LLC (860) 300-3102
Estimate only. Contact a lender for accurate figures.
Anthony Velez · (860) 300-3102
VC Property Group, LLC · (860) 300-3102
MLS# 24168585 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Apr 28, 2026 5:56 PM UTC
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681 North Main Street, Norwich CT, 06360
$495,000 • Active
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