Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,450,000
8 Beds
- 10 Baths
10 full baths
13,837sqft
480 Main St, Middletown, CT 06457
$1,450,000
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Multi Family
Built in 1917
$-- HOA
4,791.6 sqft lot
$105/sq.ft
Description
Welcome to Main St in Middletown! This 10 Unit mixed use brick beauty is anchored by 2 established commercial tenants on the ground level and 8 massive (900+Sq Ft) one-bedroom residential units above- an incredible opportunity for a stabilized asset with additional room for growth in a highly competitive location and market! The long-term ground-floor commercial tenants provide reliable income and contribute substantial CAM payments, ensuring manageable operating expenses for ownership. Seven of the eight residential units have been modernized in recent years, with all tenants responsible for electric and hot water, maximizing net income. Significant value-add opportunity...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1917
HOA Fees
-
Finished Area
13,837 sqft
Lot Size
4,791.6 sqft lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24154266
MLS Status
Active
Days on Market
36
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