530 Main Street, Middletown, CT 06457
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
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....
Contact an agent
Home facts
- Year built:1860
- Listing ID #:24166400
- Added:205 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)
New listings near 530 Main Street
- Coming Soon
$340,000Coming Soon4 beds 1 baths1,680 sq. ft.150 Millbrook Road, Middletown, CT 06457
MLS# 24203998Listed by: KW Legacy Partners - New
$285,000Active4 beds 1 baths1,440 sq. ft.9 Magnolia Avenue, Middletown, CT 06457
MLS# 24217261Listed by: Starr Team at LPT Realty - New
$314,900Active3 beds 1 baths1,344 sq. ft.9 Burr Avenue, Middletown, CT 06457
MLS# 24216947Listed by: The Property Shop CT - New
$410,000Active4 beds 2 baths3,319 sq. ft.1511 Country Club Road, Middletown, CT 06457
MLS# 24216990Listed by: William Pitt Sotheby's Int'l - New
$345,000Active3 beds 2 baths1,201 sq. ft.360 Chauncey Road, Middletown, CT 06457
MLS# 24216264Listed by: eXp Realty - New
$399,000Active2 beds 1 baths1,205 sq. ft.368 Bow Lane, Middletown, CT 06457
MLS# 24217601Listed by: Cavanaugh & Company LLC - New
$139,900Active1 beds 1 baths727 sq. ft.270 Burgundy Hill Lane #270, Middletown, CT 06457
MLS# 24217655Listed by: Brickwell Partners LLC - New
$148,000Active1 beds 1 baths644 sq. ft.38 Trolley Crossing Lane #38, Middletown, CT 06457
MLS# 24217926Listed by: Carl Guild & Associates - New
$275,000Active3 beds 2 baths1,360 sq. ft.732 Long Hill Road #732, Middletown, CT 06457
MLS# 24209665Listed by: William Pitt Sotheby's Int'l - New
$450,000Active3 beds 3 baths1,332 sq. ft.404 Newfield Street, Middletown, CT 06457
MLS# 24217472Listed by: Christopher F. Grant Broker