pulled off a chevelle website..
There are only 3 400 block castings; 511, 509, 817. The 511 is the early one (70-72), the 509 & 817 are the later ones.
The later ones are possibly "better", which is NOT the same as saying that the 511 is "not good". Maybe, just not quite as good, for SOME things. But for a street or moderate racing application, it's not a significant difference, and I wouldn't let that bother me if I was you. For a budget hot street motor it'll be perfectly fine.
It'll almost certainly have factory 4-bolt main caps installed on it.