$525,000
9 bd · 3 ba · 3,087 sqft · 10,454 sqft lot
463 E Main St, Norwich, CT 06360
Multi-family · Built 1880 · $170/sqft ·
$3,121/mo est. payment
Flood factor 1/10
About this home
An exceptional opportunity for investors seeking a turnkey income-producing property. This fully renovated two-family building offers two spacious units with versatile layouts and strong reliable rental income of $5,000 per month. The first floor unit is over 1,000 square feet and features four bedrooms and one full bathroom, while the upstairs two-story unit offers an impressive five bedrooms and two full bathrooms with over 2,000 square feet of living space. Both units have been thoughtfully updated with quartz countertops, stainless appliances, hardwood floors throughout, and dedicated laundry areas with washer and dryer hookups. With extensive renovations already completed, this property offers the opportunity to add a well-maintained, move-in-ready asset to any investment portfolio. Conveniently located near shopping, dining, medical facilities, and easy access to major commuter routes and the nearby casinos. One of the listing agents is also a member of the LLC that owns the property.
Facts and features
Bedrooms
- Bedrooms: 9
Other Rooms
- Total Rooms: 15
- Basement Features: Full, Unfinished
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- Laundry Features: Laundry area with hookups in each unit, All Units Have Hook-Ups
Heating and Cooling
- Heating Features: Baseboard
- Heating Fuel: Natural Gas
- Number of Fireplaces: 0
- Water Heaters: Natural Gas, Domestic
Land Info
- Lot Description: Sloping Lot
- Lot Size Acres: 0.24
- Lot Size Source: Public Records
- Lot Size Square Feet: 10454
Amenities and Community Features
- Golf course
- Library
- Medical facilities
- Park
- Public transportation
- Shopping/mall
School Information
- Elementary School: Per Board of Ed
- High School: Norwich Free Academy
Schools
- 5
Veterans' Memorial School
elementary · K-5 · 1.3 mi
- 5
Kelly Middle School
middle · 6-8 · 1.8 mi
St. Joseph School
elementary · K-8 · 0.3 mi
- 4
Norwich Free Academy
high · 9-12 · 1.2 mi
St Patrick Cathedral School
elementary · K-8 · 0.8 mi
- 7
Integrated Day Charter School
elementary · K-8 · 1.0 mi
Price history
- Aug 18, 2026 · Listed$525,000
- Aug 11, 2021 · Sold$72,000
- Jul 21, 2021 · Listing Removed—
- Jul 7, 2021 · Sold$72,000
- Jun 17, 2021 · Listed$72,000
- May 13, 2016 · Listing Removed$39,900
- Apr 6, 2016 · Listed$39,900
Tax history
- 2026$5,430 tax · $159,000 assessed
- 2023$3,765 tax · $77,400 assessed
- 2022$3,752 tax · $77,400 assessed
- 2021$3,765 tax · $77,400 assessed
- 2020$3,752 tax · $77,400 assessed
- 2019$3,714 tax · $77,400 assessed
- 2018$3,518 tax · $72,700 assessed
- 2017$3,543 tax · $72,700 assessed
Home value
$511,500
- Cotality$511,500
- Collateral Analytics$339,000
- Quantarium$515,786
Where it is
Listed by Jay Kelly · William Raveis Real Estate - Norwich · SMARTMLS
