Property Description
As of May 6th, this unicorn of a five family investment property , is the only option available currently in all of Newington . It is very close to the town hall and firestation on Main Street. Normally there are only duplexes , condos, or perhaps a triplex available for investors to consider . This 4 unit multi family house, is a functional 5 family income producer. It has 3 of the 5 units available to tour in person currently, due to logistics and respect for our tenants time and cooperation. Tours are only being arranged for Saturday afternoons currently . However , exceptions are possible. The photo is from a few years ago , and the plot plan is posted for the lot that could be split off , that meets the required setbacks . It is diagonally across from the firestation. It has not been on the market in the past 40+ years. The current rental rates are under market comparable to other units like condos or duplex rates in town . The plot plan shows that a building lot is possible to be split off and sold or re developed , which the town has verified. Additionally, there are two spaces or areas in the house that have the possibility of being converted in units, which would make it a 7 unit functional investment property. Or perhaps it could be converted back to a single family home. The property has cosmetics issues and needs power washing, painting, and isolated trim that needs to be addressed. I am the owner and the agent .
Features
- Heating System:
- Hot Air
- Cooling System:
- No
- Basement:
- Full
- Foundation Type:
- Stone
- Heat Fuel Type:
- Gas In Street
- Exterior Siding:
- Vinyl Siding, Clapboard
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Hot Water Description:
- Natural Gas, 30 Gallon Tank
- Lot Description:
- Historic District
- Water Source:
- Public Water Connected
Address Map
- Street:
- Main
- Street Number:
- 1418-1420
- Floor Number:
- 0
- Longitude:
- W73° 16′ 41.7”
- Latitude:
- N41° 41′ 32.8”
MLS Addon
- Office Name:
- William Raveis Real Estate
- Agent Name:
- Matthew Schoenhardt
- List Agent MLSID:
- SCHOENHM
- List Office MLSID:
- RAVE01
- Tax Year:
- July 2025-June 2026
- Directions:
- Near the heart of downtown
- Elementary School:
- Per Board of Ed
- High School:
- Per Board of Ed
- HOA Fee Amount:
- $0
- Parcel Number:
- 661415
- Property Tax:
- $13,783
- Zoning:
- R-12
Multi-family For Sale
1418-1420 Main, Newington, 06111
10 Bedrooms
5 Bathrooms
5,916 Sqft
$800,000
Listing ID #24148606
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24148606
- Price :
- $800,000
- Bedrooms :
- 10
- Baths Total :
- 5
- Bathrooms :
- 5
- Half Bathrooms :
- 0
- Square Footage :
- 5,916 Sqft
- Year Built :
- 1834
- Lot Area :
- 0.91 Acre
- City:
- Newington
- Zipcode:
- 06111
- Property Sub Type :
- 5 Family+
- Style :
- Other
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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