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Off market
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  • $381,800

    503 Main St, Cromwell, CT 06416

    3beds
    1,904sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $381,800 Zestimate®
    $201/sqft
    $2,257 Estimated rent

    Home value

    $381,800

    $359,000 - $405,000

    $2,257/mo

    Zestimate® history
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    $2,257/mo

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    $2,614/mo

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    $2,614/mo

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    What's special

    Great investment opportunity! This 1930s colonial is actually a 2 family home with units on separate floors. Its prime location on Main Street is close to restaurants, general store, post office, bank, and both the high school and elementary school. The 1st floor, 1 bedroom apartment offers spacious living and an enclosed 3-season sunporch for additional peaceful space. The second floor offers a 2 bedroom apartment with hardwood floors, wide moldings, lots of closets and a full walk-up attic for either more living space or abundant storage. There is a large driveway for 4 cars and an ample yard. Both units have a solid 20 year history of easy rentals and the 2nd floor is currently clean, empty and awaiting a new tenant or new owner who wants the bulk of their mortgage paid by the 1st floor!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Oil
    Cooling
    • None
    Appliances
    • Laundry: Basement Hook-Up(s)
    Features
    • Basement: Partially finished
    • Attic: Walk-up
    Interior area
    • Total interior livable area: 1,904 sqft

    Property

    Features
    • Patio & porch: Porch-Enclosed
    • Exterior features: Other
    • Waterfront features: Not Applicable
    Lot
    • Size: 10,018 sqft
    • Features: Level
    Details
    • Parcel number: CROMM00463300
    • Zoning: R-25

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Cromwell

    HOA & financial

    Other financial information
    • Total actual rent: 239000

    Other

    Other facts
    • Sewer: Public Sewer
    • Roof: Asphalt
    • Heating: Oil, Hot Water, Radiator
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • Basement: Full, Full With Hatchway
    • CommunityFeatures: Tennis Court(s), Basketball Court, Walk to Bus Lines, Public Transportation, Library
    • ConstructionMaterials: Frame, Aluminum Siding
    • Zoning: R-25
    • LandLeaseAmountFrequency: Monthly
    • NumberOfUnitsInCommunity: 2
    • LotFeatures: Level
    • ParkingFeatures: Paved
    • YearBuiltSource: Public Records
    • PatioAndPorchFeatures: Porch-Enclosed
    • Attic: Walk-up
    • FoundationDetails: Concrete
    • TotalActualRent: 239000.00
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • LaundryFeatures: Basement Hook-Up(s)
    • ArchitecturalStyle: Units on different Floors
    • MlsStatus: Show

    Price history

    DateEventPrice
    11/23/2021Sold$270,000$142/sqft
    Source: Smart MLS #170414625
    8/21/2021Contingent$270,000$142/sqft
    Source: Smart MLS #170414625
    8/9/2021Price change$270,000-5.3%$142/sqft
    Source: Smart MLS #170414625
    7/24/2021Listed for sale$285,000+19.2%$150/sqft
    Source: Smart MLS #170414625
    11/26/2019Sold$239,000$126/sqft
    Source: Smart MLS #170235716

    Public tax history

    YearProperty taxesTax assessment
    2025$5,750 +2.4%$186,760
    2024$5,616 +2.2%$186,760
    2023$5,493 +13.6%$186,760 +28.8%

    Find assessor info on the county website

    Neighborhood: 06416

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Edna C. Stevens
    • High: Cromwell

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $381,800
    2% more+ $7,636
    With Zillow Showcase(estimated)
    $389,436