Real Estate Agent in Connecticut and Western Massachusetts

502 Main Street
Norwich, Connecticut

Multi-Family For Sale

24

Total Rooms

Units

3,724

Sq Ft

$ 725,000

Price

502 Main Street
Norwich, Connecticut

Norwich, Connecticut

Description:

**Turnkey Four-Unit Investment Opportunity!** Fully renovated and fully rented, this exceptional property offers four spacious three-bedroom, one-bath units-three in the main building and a separate cottage in the rear. Generating approximately $7,500 per month, or $90,000 annually, in reliable rental income, this is an outstanding opportunity for investors seeking immediate cash flow with minimal deferred maintenance. Extensive renovations have been completed throughout, offering low expenses and overhead and eliminating the need for major capital improvements. Three of the four units feature laundry hookups and dishwashers. Ideally located near shopping, dining, medical facilities, major commuter routes, and the area's nearby casinos. This property combines strong rental demand with convenience. Whether you're expanding your portfolio or looking for a turnkey income-producing asset, this four-unit property offers an attractive combination of condition, income, and location.

Listing Courtesy of William Raveis Real Estate

Meet Our Team

Our team consists of dedicated real estate professionals passionate about helping our clients achieve their goals. Every client receives personalized attention, expert guidance, and unparalleled service. Meet our team:

Alison Malkin
Alison Malkin

Broker/Owner

860-214-8008

Email
Alison Malkin
Nicole Malkin James

Broker/Owner

843-614-7222

Email
Alison Malkin
Luis Torres

Associate Broker

860-383-5211

Email
Alison Malkin
Debra Pliego

Realtor®

860-919-7376

Email
Alison Malkin
Madison Wells

Realtor®

860-538-7567

Email
Alison Malkin
Lori Sierpinski

Realtor®

860-222-4692

Email
Alison Malkin
Jim Murkette

Realtor®

860-539-5009

Email
Alison Malkin
Leah Pliego

Realtor®

860-681-7373

Email

Acres : 0.11
Basement : Partial, Unfinished
Full Baths : 4
Baths Total : 4
Beds Total : 12
City : Norwich
Cooling : None
County : New London
Elementary School : Per Board of Ed
Foundation : Concrete, Stone
Annual Expense : 12000
Description : Sloping Lot
Neighborhood : N/A
Parcel : 2412488
Postal Code : 06360
Roof : Asphalt Shingle
Sewage System : Public Sewer Connected
SgFt Description : Public records do not include Building 2 in the back which is an additional 828 in living area.
Total SqFt : 3724
Tax Year : July 2026-June 2027
Total Rooms : 24
Watersource : Public Water Connected
weeb : RPR, IDX Sites, Realtor.com

Phone

860-384-7624

Address

20 Hopmeadow St, Unit 821, Weatogue, CT 06089


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