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listing
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CommercialFor Sale
$2,395,000
668 Main Street
Middletown, CT 06457
Courtesy of Seabury Hill Realtors
MLS: Smart MLS
0Beds
5Baths
Est. Mortgage
$12,463/mo

Investors dream! Fully leased 18 unit corner brick building located on Main ST in the heart of Downtown Middletown, steps from gourmet restaurants and boutiques. Originally built in 1850, this 11,232 SQ FT building consists of one ground level retail space and 17 residential apartments. The building features 4 rare 2 beds, 2 bath units, 7 1-bedroom units, and 6 spacious studio apartments. The building is currently fully leased, giving the new Owner an opportunity to capture the incredible rent upside over time, through renovation, while collecting rent income. The building has all separate gas boilers, huge unfinished basement and shared electricity. The units feature great layouts with nice natural light, high ceilings and large bedrooms with good closet space. The current owner has recently replaced some of the units windows, appliances and carpeting. Easy access to route 9 and a short drive/walk to Wesleyan University. This corner brick building is located near the beautiful, historic town center with over 7 walkable blocks of different restaurants and shops, featuring dozens of choices of dining, art, music, entertainment and unique finds. Neighborhood attractions include: Perkatory Coffee Roasters; Eli Cannons Tap Room; The Whey Station; Luce. Become part of this exciting town's future, where "Main Street, lined with nearly 200 businesses, buzzes with activity" (NYTimes).

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Information courtesy of Seabury Hill Realtors is subject to verification and is not guaranteed. Listing Data Last Updated 04/13/2024 06:39 PM
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