multifamily
13,837 SF 5 Family+
480 Main Street
Middletown, Connecticut 06457
Price
$1,300,000
Price/SF
$93.95/SF
Building Size
13,837 SF
Lot Size
0.11 acres
Year Built
1917
Units
10
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
Additional Details
Zoning
B-1
MLS Number
24182655
Property ID
bc64428b-d0b6-4eb1-b769-d837107a9028
MLS Information
MLS#: 24182655
Listed by: Century 21 AllPoints Realty
Agent: Lindy Hoyt • (860) 539-2730 • lindy.cozziteam@gmail.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
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