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530 Main St
Middletown, CT 06457
Multifamily Property For Sale · 16 Units

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.09 AC
Building Size 15,136 SF
No. Stories 4
Year Built 1860
Zoning B-1

ABOUT 530 MAIN ST , MIDDLETOWN, CT 06457

Northeast Private Client Group is pleased to present 530 Main Street, a mixed use building located on 530-540 Main St, Middletown, CT. 530 Main Street is comprised of twelve (12) one-bedroom apartments and four (4) retail units on the ground floor. The roof has recently been repaired. Retail leases have tenants responsible for their own utilities (water, sewer, gas, electric, ext) and residential leases tenants pay their electric bills separately. Along with electric, residential tenants also pay for the properties laundry services. 530 Main Street is conveniently located in downtown Middletown. The property is located 0.4 miles from Wesleyan University, 0.6 miles from Middlesex Hospital and 0.4 miles to the nearest Route 9 entrance. Middletown was one of the first American cities to establish an official planning board back in the 1930 and has continued to lead the way is residential and commercial development. These developments have progressed significantly since the 2000's that includes free city wi-fi along Main Street, an increased investment to help small business in the downtown area as well as increased contribution to the promotion of local arts. As Middletown continues its positive trends in investing in small businesses and the community they reside in an investor will be able to see opportunity by increasing rents to market values.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MTWN-000022-000000-000566
Land Assessment
$161,000
Improvements Assessment
$496,050
Total Assessment
$657,050
  • Listing ID: 12997371

  • Date on Market: 6/26/2018

  • Last Updated:

  • Address: 530 Main St, Middletown, CT 06457

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