580 High Street

Middletown, CT 06457

$390,000
Price
6
Beds
3
Baths
3,940 Sq. Ft.
$99 / Sq. Ft.
3,940
Sq. Ft.
$99
per Sq. Ft.

Description

This property is a great investment opportunity with all units already rented out. The separate meters and newer furnaces add to the appeal of this multi-family home. The proximity to Wesleyan University and public transportation also make it a desirable location for tenants. The mix of unit sizes and layouts offers variety for potential renters. Overall, this fully rented investment property is a promising option for someone looking to add to their real estate portfolio.This property is a great investment opportunity with all units already rented out. The separate meters and newer furnaces add to the appeal of this multi-family home. The proximity to Wesleyan University and public transportation also make it a desirable location for tenants. The mix of unit sizes and layouts offers variety for potential renters. Overall, this fully rented investment property is a promising option for someone looking to add to their real estate portfolio.
  1. Listed by Bonnie B Foster • William Pitt Sotheby's Int'l
    P: (860) 767-7488 C: (860) 575-5099 bfoster@wpsir.com
  2. Listed by Robin Linares • William Pitt Sotheby's Int'l
    P: (860) 767-7488 C: (860) 662-1138 RLinares@wpsir.com

Property Details for 580 High Street

Basement Description
Full, Full With Walk-Out
Direct Waterfront
No
Garages Number
2
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
Detached Garage
Swimming Pool
No

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Bonnie B Foster; William Pitt Sotheby's Int'l, Robin Linares
Add your commute
LISTING UPDATED: 04/22/2024 01:30 PM

Property Details for 580 High Street

StatusActive
MLS #24003744
Days on Market29
Taxes$6,623 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.16 AC / 6,969 SF
CountyMiddlesex County

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Bonnie B Foster; William Pitt Sotheby's Int'l, Robin Linares
Add your commute

Building Information for 580 High Street

Stories-Residences3Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 580 High 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: 41.5676
  • Longitude: -72.65867
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,623
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Water, Radiator
  • Attic YN: No
  • Laundry Room Info: Washer/Dryer Some Units
  • Laundry Room Location: Unit 1 Washer & Dryer in basement
  • Rooms Total: 12
Property
Property and Assessments
  • Color: White
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1007555
  • Sq Ft Est Heated Above Grade: 3940.0
  • Sq Ft Total: 3940.0
  • Zoning: RPZ
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 3
Unit 1
  • Lease: Leased
  • Lease Expires: 03-31-2025
  • Listing Key: 13A5615F77BA6CFDE0631401100A640F
  • Unit Appliances: Electric Range,Refrigerator,Washer,Electric Dryer
  • Unit Average Sq Ft: 1466
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-22-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 03-31-2025
  • Listing Key: 13A5615F77BA6CFDE0631401100A640F
  • Unit Appliances: Electric Range,Refrigerator,Washer,Electric Dryer
  • Unit Average Sq Ft: 1466
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-22-2024
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Lease Expires: 05-31-2024
  • Listing Key: 13A5615F77BA6CFDE0631401100A640F
  • Unit Appliances: Electric Range,Refrigerator,Washer,Electric Dryer
  • Unit Average Sq Ft: 1260
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-22-2024
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 580 High Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 580 High Street

Taxable ValueLand$47,590Additions$186,450Total$234,040
Tax Record2023$8,215 ($685 / month)
Home Facts
Baths3Total Finished SqFt3,940 SqFtAbove Grade Finished SqFt3,940 SqFtStories3Lot Size6,970 SqFtStyleTriplexYear Built1900Year Renovated1978ZoningRPZCountyMIDDLESEXAPNMTWN M:20 L:0148

Schools near 580 High Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Macdonough School
PublicK to 5

Beman Middle School
Public7 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.

Similar Homes

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Similar Sold Homes

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580 High Street is a multi-family home for sale in Middletown, CT 06457. This property was listed for sale on April 1, 2024 by William Pitt Sotheby's Int'l, it's currently listed at $390,000. It has been on the market for a total of 29 days and was last sold on May 3, 2011. This listing's school district is Middletown School District. Nearby schools include Macdonough School, Beman Middle School and Middletown High School. 580 High Street is a 6-bed, 3-bath, 3,940 sqft multi-family home built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 Pitt Sotheby's Int'l, Bonnie B Foster; William Pitt Sotheby's Int'l, Robin Linares

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.