NOT LISTED FOR SALE

560 Main St Middletown, CT 06457

-- Bed
-- Bath
6,726 Sq Ft
2,178 Sq Ft Lot

Last Sold January 04, 2019

Last sale price $465,000 $69 Per Sq Ft

150 Days on Market

Highlights

  • No HOA
  • Hot Water Circulator
  • Hot Water Heating System

About This Home

As of January 2019

560-562 Main is a 10 unit mixed-use located in Middletown, CT in the vibrant downtown area with popular retail, dining, and bar district. The unit mix consists of 5 one bed 1 bath, 1 studio, and 2 Commercial storefronts (Fangs Chinese restaurant and a convenience store) Fangs has been there for 15 years! The 10th unit is located on the side of the building and would need a gut remolded. A majority of the windows have been replaced, BRAND NEW sewer line, some updated units, there are circuit breakers in each unit, Pergo floors, and a sprinkler system (this keeps insurance low)!

Last Agent to Sell the Property

Thuyan Tran

Oxford Realty License #REB.0794813 Listed on: 08/06/2018

Oxford Realty

Last Buyer's Agent

Thuyan Tran

Oxford Realty License #REB.0794813 Listed on: 08/06/2018

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,762

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 6,726 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Masonry Siding

Schools

  • Farm Hill Elementary School
  • Middletown High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Gross Income $101,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,762

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 6726
  • Public Record Living Room Sq Ft: 6726
  • Total Sq Ft: 6726
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 9430
  • Directions: corner of Main and Ferry st
  • Special Features: None

Interior Features

  • Attic: No
  • Street Number Modifier: 560

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Lot Info

  • Acres: 0.0500
  • Lot Description: N/A
  • Zoning: B-1

Multi Family

  • Gross Annual Income: 101592
  • Net Operating Income: 58192
  • Total Num Of Units: 10

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 12762
  • Total Assessed Value: 292030
  • Mil Rate Base: 33.900
  • Mil Rate Tax District: 8.500
  • Mil Rate Total: 43.700
  • Assessor Parcel Number: 1014882

MLS Schools

  • Elementary School: Farm Hill
  • High School: Middletown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2019 01/04/19 Sold $465,000 0.0% $69 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/03/2018 12/03/18 Off Market $465,000 -- --
08/06/2018 08/06/18 For Sale $499,999 -- $74 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170113058

SmartMLS