463 East Main Street
Norwich, Connecticut 06360
- Beds
- 9
- Baths
- 3
- SqFt
- 3,087
- Acres
- 0.24
- Year Built
- 1880
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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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.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1880
- Days on Market
- 0 days
- Beds
- 9
- Baths
- 3 full
- Living Area
- 3,087 sq ft
- Lot Size
- 0.24 acres
- Property Taxes
- $5,430 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
21
21 under contract
Median List Price
$410,000
21 active listings
Median Closed Price
$340,000
97 sales
Median Days on Market
28
21 active listings
Median $ / Sq Ft
$170
21 active listings
Sale-to-List Ratio
100.9%
97 sales
How this home compares
List Price
$525,000
vs $410,000 median
28.0% above median
Price / Sq Ft
$170
vs $170 median
In line with median
Days on Market
0 days
vs 28 days median
28 days fresher than median
Based on 21 active and 97 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of August 19, 2026.
Location
463 East Main Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 13, 2026per month
- Principal & Interest$2,702
- Property Taxes$453
- Insurance$175
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units on different Floors
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 3,087 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Norwich Free Academy
Interior
- Heating
- Baseboard
- Heat Fuel
- Natural Gas
- Cooling
- None
- Laundry
- All Units Have Hook-Ups
- Laundry Location
- Laundry area with hookups in each unit
- Basement
- FullUnfinished
Exterior & Lot
- Lot Size
- 0.24 acres
- Zoning
- MF
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- White
- Roof
- Asphalt Shingle
- Foundation
- ConcreteStone
- Lot Description
- Sloping Lot
Listing & Financials
- Property Taxes
- $5,430 / Annually
- Days on Market
- 0
- MLS #
- 24190646
- MLS Status
- Active
- Financing
- FHA,VA,CHFA,USDA
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Ernest Tollja
William Raveis Real Estate
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/19/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 8/19/2026 at 4:31 AM UTC.