54 Washington St

Middletown, CT 06457

$945,000
Price
19
Beds
12,288 Sq. Ft.
$77 / Sq. Ft.
12,288
Sq. Ft.
$77
per Sq. Ft.
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Description

In the heart of Middletown and within walking distance to countless amenities, 54 Washington Street offers both location and opportunity. Once home to the Italian American Club, the building carries a unique history and is now ready for a new vision. This spectacular building has received zoning approval to convert this once community/event space to residential units. Take advantage of the already in place engineered 18-unit build-out plans with extra room for a super, the possibilities are endless....In the heart of Middletown and within walking distance to countless amenities, 54 Washington Street offers both location and opportunity. Once home to the Italian American Club, the building carries a unique history and is now ready for a new vision. This spectacular building has received zoning approval to convert this once community/event space to residential units. Take advantage of the already in place engineered 18-unit build-out plans with extra room for a super, the possibilities are endless. Not only does this building have engineered plans, but it is also stamped for electrical and plumbing. With all major systems professionally designed, code-compliant, and permit ready, this property allows seamless transition straight into the build phase. The opportunities are endless for the savvy investor looking to maximize value in a prime location. 18 parking spots town approved across the street next to the police station !
  1. Listed by Ariel R Tortora • William Raveis Real Estate
    P: (203)-500-3243 C: (203)-500-3243 arieltort11@gmail.com

Property Details for 54 Washington Street

Basement Description
Full
Direct Waterfront
No
Expected Active Date
10-06-2025
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None, Other, Assigned Parking
Swimming Pool
No
Expected On Market Date
10-06-2025
LISTING UPDATED: 12/15/2025 05:24 PM

Property Details for 54 Washington Street

StatusActive
MLS #24131159
Days on Market81
Taxes$12,456 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1936
Lot Size0.13 AC / 5,662 SF
CountyMiddlesex County

Location

Listing Courtesy of William Raveis Real Estate, Ariel R Tortora
Add your commute

Building Information for 54 Washington Street

Stories-Residences18Year Built1936Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$5,708 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,670

Property Taxes

$1,038

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Washington 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: 41.56297
  • Longitude: -72.649878
  • State: Connecticut
Parking
  • Parking Total Spaces: 18
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $12,456
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: None
  • Heat Type: None
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 31
Room 5
  • Listing Key: 404384A97B296393E063E201100AE30C
Room 9
  • Listing Key: 404384A97B296393E063E201100AE30C
Property
Property and Assessments
  • Construction Description: Concrete
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Other
  • Year Built: 1936
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 12288
Lot Information
  • Lot Description: N/A
  • Parcel Number: 1008616
  • Sq Ft Est Heated Above Grade: 12288.0
  • Sq Ft Total: 12288.0
  • Zoning: B-1
Utilities
  • Hot Water Description: No Hot Water
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 135062
  • Gross Annual Income: 406200
  • Net Operating Income: $250,828
  • Occupied By: Vacant
  • Total Number of Units: 18
  • Total Rooms Multi Family: 31
Unit 1
  • Unit Average Sq Ft: 357
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
Unit 2
  • Unit Average Sq Ft: 446
  • Unit Entry Order: 12
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 3
  • Unit Average Sq Ft: 440
  • Unit Entry Order: 14
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 4
  • Unit Average Sq Ft: 440
  • Unit Entry Order: 18
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
Unit 5
  • Unit Average Sq Ft: 802
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
Unit 6
  • Unit Average Sq Ft: 396
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
Unit 7
  • Unit Average Sq Ft: 431
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 8
  • Unit Average Sq Ft: 414
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 9
  • Unit Average Sq Ft: 294
  • Unit Entry Order: 9
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 10
  • Unit Average Sq Ft: 368
  • Unit Entry Order: 10
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 11
  • Unit Average Sq Ft: 426
  • Unit Entry Order: 11
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 12
  • Unit Average Sq Ft: 420
  • Unit Entry Order: 15
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 13
  • Unit Average Sq Ft: 441
  • Unit Entry Order: 16
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 14
  • Unit Average Sq Ft: 419
  • Unit Entry Order: 17
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 15
  • Unit Average Sq Ft: 419
  • Unit Entry Order: 13
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 16
  • Unit Average Sq Ft: 537
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
Unit 17
  • Unit Average Sq Ft: 516
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
Unit 18
  • Unit Average Sq Ft: 414
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 10-07-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1

Property History for 54 Washington Street

DateEvent & SourcePriceAppreciation
Nov 22, 2021

Closed (Public Record)

Public Record #1478379229

$430,000

-3.8% / yr

Aug 15, 2007

Closed (Public Record)

Public Record #225887538

$750,000—
DateEvent & SourcePrice
11/22/2021

Closed (Public Record)

Public Record #1478379229

$430,000

-3.8% / yr

08/15/2007

Closed (Public Record)

Public Record #225887538

$750,000

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

Public Records for 54 Washington Street

Taxable ValueLand$103,640Additions$216,570Total$320,210
Tax Record2023$11,784 ($982 / month)
Home Facts
Total Finished SqFt12,288 SqFtAbove Grade Finished SqFt12,288 SqFtStories2Lot Size5,663 SqFtStyleMiscellaneous CommercialYear Built1936ZoningB-1CountyMIDDLESEXAPNMTWN M:22 L:0556

Schools near 54 Washington Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Farm Hill School
Public - K to 5
Beman Middle School
Public - 6 to 8
Middletown High School
Public - 9 to 12
Icm - Spencer
Public - 3 to 5
Rating
School
Distance
Farm Hill School
PublicK to 5

Beman Middle School
Public6 to 8

Middletown High School
Public9 to 12

Icm - Spencer
Public3 to 5

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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More information about 54 Washington Street, Middletown, CT 06457

54 Washington Street is a multi-family home for sale in Middletown, CT 06457. This property was listed for sale on October 3, 2025 by William Raveis Real Estate, it's currently listed at $945,000. It has been on the market for a total of 81 days and was last sold on November 22, 2021. This listing's school district is Middletown School District. Nearby schools include Farm Hill School, Beman Middle School and Middletown High School. 54 Washington Street is a 19-bed, 18-bath, 12,288 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Ariel R Tortora

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.