$1,399,900
10.49 BTC
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407 Main Street, Norwich
$1,399,900
PRICE
9
BEDROOMS
5
BATHROOMS
X12681700
MLSID

407 Main Street, Norwich

A charming and original piece of Springford with strong investment appeal.This 5-unit multi-residential property is situated on a large lot backing onto the creek, offering a rare combination of stable rental income, tenant desirability, and long-term value.All units have been well maintained, with Units 4 and 5 recently updated, featuring improved kitchens, bathrooms, flooring, and additional upgrades. The building is serviced by five independent gas forced-air furnaces, providing unit-by-unit efficiency and helping keep operating costs predictable. Most wiring and plumbing have been updated, adding peace of mind for long-term ownership.The property is protected by a Duraloc steel roof (approximately 20 years old), contributing to its low-maintenance profile. Outdoor space further enhances tenant appeal, with Units 2, 3, and 5 enjoying private decks or balconies overlooking the expansive rear yard, while Units 1 and 4 benefit from a generous front porch.Set on a deep lot with creek views, this property offers excellent tenant demand today, with potential long-term upside tied to land value and future enhancement in a growing rural community. A compelling opportunity for investors seeking a solid buy-and-hold asset with durability, income stability, and room to grow.Rent roll and financial information available upon request to qualified buyers.
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Summary

Address
407 Main Street
Community
MLSID
X12681700
Property Type
Multiplex
Property Category
Bedrooms
9
Bathrooms
5
Kitchens
5
Zoning
V
Taxes (Annual)
$4,939.00
Tax Year
2025
Published
January 9, 2026
Days on Market
5 Days
Possession Type
Flexible
Possession Details
Flexible
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Details

Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Second Level
Basement
Unfinished, Full
Exterior Features
Patio, Deck
Interior Features
None
Parking Spaces
6
Parking Total
9
Parking Features
Available, Lane, Other
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Vinyl Siding
Lot Size
38,840
Lot Width
127 Feet
Lot Depth
194 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with Wiltshire Realty Inc. Brokerage
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