480 Main, Middletown, CT 06457

$1,300,000
  • 480 Main, Middletown, CT 06457 Main Photo
Active
BEDS8 BATHS8 full 2 partial SQUARE FEET13,837 MLS#24182655
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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

480 Main | MLS# 24182655

This multi-family property located at 480 Main, Middletown, CT 06457 is currently listed for sale with an asking price of $1,300,000. Search Middletown real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Cooling: Window Unit
Fuel Type: Oil
Heating: Steam
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.11 Acres
Roof Type: Flat
Taxes: $18,600
Year Built: 1917

Feature Descriptions

Days on Site: 40
Exterior: Brick
Lot: Level Lot
Sewer: Public Sewer Connected
Units: 10
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: Per Board of Ed
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: Century 21 AllPoints Realty
Agent Name: Lindy Hoyt
Agency Phone: (860) 2632121

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 4,822.40 per month $2,893.24 Principal & Interest $1,550.00 Property Tax $379.17 Homeowner's Insurance

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