356 Main Street, Portland, CT 06480
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
356 Main Street,Portland, CT 06480
$499,900
- 9 Beds
- 4 Baths
- 3,720 sq. ft.
- Multi-family
- Pending
Listed by: jeni mascaro(860) 558-8993
Office: lpt realty(877) 366-2213
MLS#:24182877
Source:CT
Price summary
- Price:$499,900
- Price per sq. ft.:$134.38
About this home
Investor alert in the heart of Portland! Welcome to 354-356 Main Street, a rare 4-unit multifamily offering incredible upside, strong rental potential, and a layout that works beautifully for both investors and owner-occupants. Priced with condition in mind, property is being sold as-is. Two units are currently month-to-month and well below market rent, creating a major value-add opportunity from day one. Projected rents offer impressive income potential, with units estimated around $1,600/month, the spacious townhouse-style unit around $2,000/month, and the 3-bedroom unit around $1,800/month. This property also features a huge backyard, offering outdoor space rarely found with multifamily properties. Whether tenants want room to relax, garden, grill, or enjoy extra green space, this yard adds major appeal. Need storage, workspace, or a place to bring your hobbies to life? The detached garage needs work, but with the right handy buyer, it could be transformed into an amazing workshop, storage space, or dream setup for mechanics, gearheads, contractors, or anyone needing extra room. Major Bonus: The oil furnaces were replaced aproximatley 4 years ago. Perfect for investors looking to increase rents and build long-term cash flow, or an owner-occupant looking to live in one unit while the others help pay the mortgage. OPEN HOUSE SAT/SUN 1-3PM You will be able to get into ALL 4 units and basement...
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Home facts
- Year built:1827
- Listing ID #:24182877
- Added:46 day(s) ago
- Updated:August 24, 2026 at 11:39 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:15
- Basement Description:Full Basement, Unfinished
- Living area:3,720 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Unit
- Heating:Hot Water
Structure and exterior
- Roof:Shingle
- Year built:1827
- Building area:3,720 sq. ft.
- Lot area:1.03 Acres
- Lot Features:Level Lot, Lightly Wooded
- Construction Materials:Aluminium
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$134.38
- Tax amount:$8,196 (July 2025-June 2026)
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