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502 East Main Street, 
Norwich, CT 06360

$725,000


12

Beds


4

Baths


3,724

Sq Ft


Multi-Family

Active

Listed by

James Kelly, (860) 550-0295

Ernest Tollja

William Raveis Real Estate, (860) 886-1386

(860) 886-1386

Last updated:

September 12, 2026, 11:59 AM

MLS#

24190644

Source:

CT

About This Home

502 East Main Street

**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.

Home Facts

Multi-Family

4 Baths

12 Bedrooms

Built in 1860

Price Summary

725,000

$194 per Sq. Ft.

MLS #:

24190644

Last Updated:

September 12, 2026, 11:59 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,724 Sq. Ft.


Structure

Structure

Building Area:

3,724 Sq. Ft.

Year Built:

1860


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$194 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.