$1,300,000

8 Bedrooms Multi Family Home

  • 8 Beds
  • 10 Baths
  • 13,837 Sqft
  • 4,792 Sqft lot
  • Updated: June 16
  • MLS#24182655

About the Property

Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven
Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
  • Property type

    House

  • Year built

    1917

  • Price/sqft

    $93

Features

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480 Main Street, Middletown, CT 06457, Connecticut, United States View on Google Maps
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Lindy Hoyt

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Lindy Hoyt
Connecticut, United States
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CENTURY 21 AllPoints Realty
CENTURY 21 AllPoints Realty
1160 Silas Deane Highway Suite 102, 06109, Wethersfield, Connecticut, United States
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Last updated
June 16
First listed
Jun 16
Listing reference
E5975099-F973-4472-BEA7-3D617AFFA447
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