530 Main Street, Middletown, CT 06457

Middletown
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
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...

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Home facts

  • Year built:1860
  • Listing ID #:24166400
  • Added:151 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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