681 North Main Street, Norwich, CT

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681 North Main Street

Norwich, CT 06360

$2,575,000 PRICE
10 Beds
5 Baths
2,800 Sqft
0.16 Acres
1953 Built

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.

Property Highlights

STYLE : 4updown - Unit(s) per Floor
PRICE/SQFT : $920
DAYS ON MARKET : 10
MLS : 24083805

For Information Contact

Samantha Smith
Realtor
M +1 860 908 5748
View My Profile

Additional Information

ADDITIONAL INFORMATION

ACRES: 0.16
HIGH SCHOOL: Per Board of Ed
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 2,800
PROPERTY TAX: $6,693
SEWER: Public Sewer Connected
STYLE: 4updown - Unit(s) per Floor
TAX AMOUNT: $6,693
UNIT COUNT: 4
YEAR BUILT: 1953
YEAR BUILT DETAILS: Public Records
ZONING: GC

INTERIOR FEATURES

BEDS: 10
FULL BATHS: 5
FURNACE TYPE: Natural Gas
HEAT: Natural Gas
HEAT FUEL: Natural Gas
HOT WATER: 50 Gallon Tank
ROOMS: 20
TOTAL BATHS: 5

EXTERIOR FEATURES

EXTERIOR SIDING: Clapboard
ROOF: Asphalt Shingle

Mortgage Calculator

Mortgage Term

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Interest Rate

%/Year

Principal Amount

in US Dollars

Down Payment

Amortization

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Your Estimated Payment

13,021 Monthly Payment

Down Payment
Required 515,000
Mortgage
Principal 2,060,000
Still Owing at the
End of Term 0

Location for 681 North Main Street, Norwich, CT

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Samantha Smith
Realtor
M
+1 860 908 5748

View My Profile

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Request More Info for 681 North Main Street, Norwich, CT

Samantha Smith
Realtor
M
+1 860 908 5748

View My Profile

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.