About 71 East Main Street
ADD VALUE ALERT! This mixed use asset is offered at $299,000 with an estimated renovation budget of $120,000. Once renovations have been completed, all four units will generate $7,000 in monthly income supporting an after repair value of at least $480,000. The building sits on a corner lot within very close proximity to downtown Middletown. A vacant commercial space on the ground level provides a potential owner operator with tremendous opportunity to add value to their existing business or start anew. The commercial space was once operated as a bar and restaurant combo consisting of a bar area, main dining room, kitchen, and a half bathroom. Three residential units fill the upper two floors including a one bedroom, two bedroom, and three bedroom apartment. The units will be conveyed vacant allowing a buyer to start renovations immediately.
Features of 71 East Main Street
| MLS® # | 24118536 |
|---|---|
| Price | $210,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,110 |
| Acres | 0.15 |
| Type | Multi-Family For Sale |
| Sub-Type | 4 Family |
| Style | Units on different Floors, Units are Side-by-Side |
| Status | Closed |
Community Information
| Address | 71 East Main Street |
|---|---|
| Area | N/A |
| City | Middletown |
| County | Middlesex |
| State | Connecticut |
| Zip Code | 06457 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Corner Lot, Sloping Lot |
| Roof | Asphalt Shingle |
| Foundation | Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | August 11th, 2025 |
|---|---|
| Days on Market | 27 |
| Zoning | MXI |
| RE / Bank Owned | No |
Listing Details
| Office | VC Property Group, LLC |
|---|