480 Main Street, Middletown, CT 06457
480 Main Street, Middletown, CT 06457
480 Main Street, Middletown, CT 06457
480 Main Street, Middletown, CT 06457
480 Main Street, Middletown, CT 06457
480 Main Street, Middletown, CT 06457
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$ 1,300,000
Est. payment | /mo

8 Beds

10 Baths

13,837 SqFt


Save
$ 1,300,000
Est. payment | /mo
Save

8 Beds

10 Baths

13,837 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 13,837 sqft

Price per Sqft $93

MLS Listing ID 24182655

Style Units on different Floors,Units are Side-by-Side

Bedrooms 8

Full Baths 8

Half Baths 2

Year Built 1917

Annual Tax Amount $18,600

Lot Size 4,791 Sqft

Property Sub-Type 5 Family+

Property Description

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

Location

State CT

County Middlesex

Zoning B-1

Rooms

Basement Full, Unfinished

Interior

Heating Steam

Cooling Window Unit

Exterior

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Lindy Hoyt • Century 21 AllPoints Realty

Nearby Locations

GET MORE INFORMATION

Lance Pendleton
Lance Pendleton

Founder and CEO

+1(845) 803-1024 | lance@reframerealty.com

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480 Main Street