530 Main Street, Middletown, CT 06457
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
530 Main Street,Middletown, CT 06457
$1,500,000
- 1 Beds
- 1 Baths
- 11,033 sq. ft.
- Multi-family
- Pending
Listed by: geni silva, michael eshetu(914) 629-1612
Office: ethos rlty, llc(914) 830-3708
MLS#:24166400
Source:CT
Price summary
- Price:$1,500,000
- Price per sq. ft.:$135.96
About this home
Prime Mixed-Use Investment Opportunity - Downtown Middletown, CT. This asset currently produces 9.7 cap annually, features a total of 16 units, including 4 retail storefronts and 12 on1-bedroom residential apartments. The retail spaces are currently occupied by established neighborhood businesses, including a grocery store, Boost Mobile, a barber shop, and a convenience store-providing steady foot traffic and consistent rental income.The residential component consists of twelve 1-bedroom units, offering strong demand in this vibrant downtown location. The asset include: mostly of windows recently replaced, hardwired smoke detectors throughout, fire sprinkler system installed, tenants cover their own electric utilities. Well-maintained asset with value-add potential. Street parking is readily available, and tenants can get a residential permit for approximately $55/month for access to designated parking lots nearby. The asset is well located in downtown Middletown, the property benefits from high visibility, walkability, and proximity to restaurants, shopping and public transportation....
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Home facts
- Year built:1860
- Listing ID #:24166400
- Added:198 day(s) ago
- Updated:September 11, 2026 at 07:43 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Basement Description:Full Basement
- Living area:11,033 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1860
- Building area:11,033 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Level Lot
- Construction Materials:Vinyl Siding
Schools
- High school:Middletown
- Elementary school:Macdonough
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$135.96
- Tax amount:$26,808 (July 2026-June 2027)
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