Renovated Four-Unit
New
For Sale
$725,000
502 E Main St, Norwich, CT 06360
Four fully leased residential units include a rear cottage and updated interiors with practical in-unit amenity features.
Property Size3,724 SF
Price / SF$194.68
Days on Market4
Property Features for 502 E Main St
General Information
Standard status
Active
Size
3,724 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 3BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$90,000
Amenities
laundry hookups
dishwashers
Building Details
Year Built
1860
Buildings
2
Listing Agency:
William Raveis Real Estate
Listed By:
James Kelly (860) 550-0295 (860) 886-1386
(860) 886-1386
Source:
Sunsetcreekrealty
Added: Sep 1
Changed: Sep 2
Last Checked: Sep 4 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential property at 502 E Main St includes three apartments in the primary building and a separate cottage at the rear. Each unit is configured with three bedrooms and one bathroom, creating a consistent unit mix across the 3,724-square-foot property. Built in 1860, the building has undergone extensive renovation, and all four units are currently rented.
Three units include laundry hookups and dishwashers. The property is positioned near shopping, dining, medical facilities, major commuter routes, and nearby casinos, providing access to a range of everyday services and destinations. The layout combines a larger main structure with a detached rear cottage within one four-unit residential asset.
Three units include laundry hookups and dishwashers. The property is positioned near shopping, dining, medical facilities, major commuter routes, and nearby casinos, providing access to a range of everyday services and destinations. The layout combines a larger main structure with a detached rear cottage within one four-unit residential asset.
Key Highlights
- Four units, each with 3 bedrooms and 1 bathroom
- 3,724 SF property with three units in the main building and one rear cottage
- Extensively renovated with all four units currently rented
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four fully leased residential units include a rear cottage and updated interiors with practical in-unit amenity features.
Where is this quadplex located?
The property is located at 502 E Main St Norwich, CT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 1 bathroom; 3,724 SF property with three units in the main building and one rear cottage; Extensively renovated with all four units currently rented
