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 offer stainless 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 a 7.7% CAP with room to increase rents in this desirable location.
Sold for $572,000 on 04/14/23
$572,000
542 Main Street, Middletown, CT 06457
4beds
4,275sqft
Multi Family
Built in 1880
-- sqft lot
$676,800 Zestimate®
$134/sqft
$1,648 Estimated rent
Home value
$676,800
$636,000 - $724,000
$1,648/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 14, 2023 at 06:16am
Listed by:
Alexa Grumet-Ford 860-378-5165,
Berkshire Hathaway NE Prop. 860-633-3674
Bought with:
Alexa Grumet-Ford
Berkshire Hathaway NE Prop.
Alexa Grumet-Ford
Berkshire Hathaway NE Prop.
Source: Smart MLS,MLS#: 170517505
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
Interior area
- Total structure area: 4,275
- Total interior livable area: 4,275 sqft
- Finished area above ground: 4,275
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
- View description: City
- Waterfront features: Walk to Water
Lot
- Size: 0.33 Acres
- Features: Level
Details
- Parcel number: 1005353
- Zoning: B-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Library, Medical Facilities, Park, Playground, Private School(s), Near Public Transport
Location
- Region: Middletown
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2023 | Sold | $572,000-4.5%$134/sqft |
Source:  Smart MLS #170517505 | ||
| 12/10/2022 | Pending sale | $599,000$140/sqft |
Source:  Berkshire Hathaway HomeServices New England Properties #170517505 | ||
| 10/2/2022 | Contingent | $599,000$140/sqft |
Source: Smart MLS #170517505 | ||
| 9/19/2022 | Listed for sale | $599,000$140/sqft |
Source: Smart MLS #170517505 | ||
| 9/8/2022 | Contingent | $599,000$140/sqft |
Source: Smart MLS #170517505 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,246 +5.7% | $314,820 |
| 2024 | $11,585 +4.8% | $314,820 |
| 2023 | $11,050 +15.9% | $314,820 +45.3% |
Find assessor info on the county website
Neighborhood: 06457
Nearby schools
GreatSchools rating
- NAKeigwin Middle SchoolGrades: 6Distance: 1.8 mi
- 4/10Middletown High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Beman Middle SchoolGrades: 7-8Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Farm Hill
- High: Middletown
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$676,800
2% more+ $13,536
With Zillow Showcase(estimated)
$690,336