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542 Main Street

Middletown, CT 06457
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 166 Days
  • MLS #: 170517505
Under Contract
UPDATED: 145 min ago
$599,000
  • 4
    BEDS
  • 0.33
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,275
    SQFT
  • $140
    $/SQFT
Type:
Multi-Family
Built:
1880
County:
Area:

School Information

Elementary School:
High School:

Description

Amazing location for this 5 unit mixed-use property on Main Street in Middletown. Walk to restaurants, shops, stores and more in the growing center of town! 15 minute walk to Wesleyan University and less than a mile to Middlesex Hospital. Four beautiful and updated one-bedroom units offerstainless steel appliances, fresh paint, upgraded bathrooms,floors, and tenant paid utilities. Newer roof that is frequently maintained with no issues. The well known restaurant Whey Station(ary) is a long-term stable tenant, ceilings in the restaurant have just been updated. Amazing investment opportunity at a7.7% CAP with room to increase rents in this desirable location.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-03T00:10:09.707.
www.thecthomefinder.com/homes/132326256
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542 Main Street Middletown, CT 06457

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 166 Days
  • Updated: 145 min ago
  • MLS #: 170517505
4
Beds
4
Baths
0
½ Baths
0.33
Acres
4,275
SQFT
$140
$/SQFT
1880
Built
County:
Middlesex
Area:
Middletown
Elementary School:
Farm Hill
High School:
Middletown
Property Description
Amazing location for this 5 unit mixed-use property on Main Street in Middletown. Walk to restaurants, shops, stores and more in the growing center of town! 15 minute walk to Wesleyan University and less than a mile to Middlesex Hospital. Four beautiful and updated one-bedroom units offerstainless steel appliances, fresh paint, upgraded bathrooms,floors, and tenant paid utilities. Newer roof that is frequently maintained with no issues. The well known restaurant Whey Station(ary) is a long-term stable tenant, ceilings in the restaurant have just been updated. Amazing investment opportunity at a7.7% CAP with room to increase rents in this desirable location.
Exterior Features

Construction Description BrickMasonry Driveway Type None Exterior Siding Brick Foundation Type Concrete Lot Description City ViewsLevel Lot Roof Information Flat Style Units On Different FloorsUnits Are Side-By-Side Waterfront Description Walk To Water

Interior Features

Attic Yn No Basement Description FullUnfinished Cooling System Window Unit Heat Type Hot Water Hot Water Description Electric

Property Features

Bank Owned Property Yn No Direct Waterfront Yn No Flood Zone Yn No Fuel Tank Location Non Applicable Garage Parking Info Off Street Parking Heat Fuel Type Oil Hoa Yn No Home Warranty Offered Yn No Nearby Amenities LibraryMedical FacilitiesParkPlayground/Tot LotPrivate School(S)Public TransportationWalk To Bus Lines New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 9533 Sewage System Public Sewer Connected Sign Yn No Swimming Pool Yn No Water Source Public Water In Street Zoning B-1

Listing information © 2023 Smart MLS
Listing provided courtesy of Alexa Grumet-Ford of Berkshire Hathaway Ne Prop.: (860) 633-3674.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-03T00:10:09.707.
 
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