124 W Main St

$545,000
Last Sold Price
8
Beds
4,620 Sq. Ft.
$118 / Sq. Ft.
4,620
Sq. Ft.
$118
per Sq. Ft.

Description

Featuring 5 units with reliable tenants, this property provides steady cash flow. The updated roof and exterior ensure durability, while the central location offers easy access to local amenities. Value add opportunities, off street parking, large units, and low maintenance. New ev chargers on site. GOI:75,240 expenses: 12,757 NOI: 62,483 PROFORMA NOI:89,843Featuring 5 units with reliable tenants, this property provides steady cash flow. The updated roof and exterior ensure durability, while the central location offers easy access to local amenities. Value add opportunities, off street parking, large units, and low maintenance. New ev chargers on site. GOI:75,240 expenses: 12,757 NOI: 62,483 PROFORMA NOI:89,843
  1. Listed by Robyn Letourneau • Berkshire Hathaway NE Prop.
    P: (860)-918-3945 C: (860)-918-3945 robynletourneau@bhhsne.com

Property Details for 124 West Main Street

Basement Description
None
Direct Waterfront
No
Neighborhood
N/A
Style
Other
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 11/03/2025 03:07 PM

Property Details for 124 West Main Street

StatusClosed
MLS #24101739
Days on Market38
Taxes$4,769 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1856
Lot Size0.20 AC / 8,712 SF
CountyNew London County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Robyn Letourneau

Sold By Coldwell Banker Realty, Jennifer A Jones

Add your commute

Building Information for 124 West Main Street

Stories-Residences5Year Built1856Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$3,090 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,693

Property Taxes

$397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 124 West Main Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.615179
  • Longitude: -72.079944
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $4,769
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Attic Fan, Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 15
Room 5
  • Listing Key: 36D503CC9341F360E0631A01100AF064
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1856
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: see property card discrepancy. 'slab' the space on the 1st floor which was not counted in the total
  • Living Area SQFT Per Public Records: 3498
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1565637
  • Sq Ft Est Heated Above Grade: 4620.0
  • Sq Ft Total: 4620.0
  • Zoning: R-7.5
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 12757
  • Gross Annual Income: 75240
  • Net Operating Income: $62,483
  • Occupied By: Owner
  • Total Number of Units: 5
  • Total Rooms Multi Family: 15
Unit 1
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-26-2025
  • Unit Monthly Rent: $1,350
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 2
Unit 2
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 09-26-2025
  • Unit Monthly Rent: $1,600
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
Unit 3
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 09-26-2025
  • Unit Monthly Rent: $1,025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
Unit 4
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-26-2025
  • Unit Monthly Rent: $1,250
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 1
Unit 5
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 09-26-2025
  • Unit Monthly Rent: $1,045
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 5

Property History for 124 West Main Street

DateEvent & SourcePriceAppreciation
Jul 28, 2023

Closed (Public Record)

Public Record #1516502290

$307,000

+12.4% / yr

Sep 10, 2019

Closed (Public Record)

Public Record #654576947

$195,000

+2.2% / yr

Aug 21, 2003

Closed (Public Record)

Public Record #127059417

$137,000
DateEvent & SourcePrice
07/28/2023

Closed (Public Record)

Public Record #1516502290

$307,000

+12.4% / yr

09/10/2019

Closed (Public Record)

Public Record #654576947

$195,000

+2.2% / yr

08/21/2003

Closed (Public Record)

Public Record #127059417

$137,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 West Main Street

Taxable ValueLand$26,540Additions$130,330Total$156,870
Tax Record2024$4,769 ($397 / month)
Home Facts
Baths5Total Finished SqFt3,498 SqFtAbove Grade Finished SqFt3,498 SqFtUnfinished Basement SqFt1,188 SqFtStories2Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1856ZoningBVCountyNEW LONDONAPNSPRA M:25 B:09 L:01

Schools near 124 West Main Street

This home is within Sprague School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - PK to 8
Private - 9 to 12
Rating
School
Distance
Sayles School
PublicPK to 8

St Joseph Elementary School
PrivatePK to 8

Academy Of The Holy Family
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway NE Prop., Robyn Letourneau

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.