700 Main St, Southington, CT 06479

$485,000
5
BD
3
BA
2,606
SqFt

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Sold Price
$485,000
List Price
$509,900
Status
CLOSED
MLS#
24147502
Closing Date
Mar 10, 2026
Year Built
1920
Bedrooms
5
Bathrooms
3
Acres
0.17
Living Area
2,606
Neighborhood
N/A

Property Description

Incredible investment opportunity in a prime location - fully rented, renovated 3-family property with commercial zoning and strong income potential, right next to town green, Farmington Canal Trails. Ideally situated among professional offices on both sides of the property, and just steps from Plantsville Center, restaurants, bars, the Linear Trail, and major highway access, this well-maintained multi-family offers long-term tenant stability and excellent upside for future rent growth. The property features hardwood floors, tile, and carpeting throughout, updated kitchens and baths, new paint, lighting, and windows, plus washer/dryer hookups and individual storage units for each unit in the basement. A detached garage provides an additional opportunity for rental income, and tenants also benefit from access to a free municipal parking lot. Recent updates include a 2007 pitched roof, new flat roof in 2025, newer mechanical systems (approx. 6 years), gas conversion on both properties, and new Trex decking. The first-floor unit is enclosed and offers private parking and a separate private entrance. Current rents total approximately $3,850/month. The second-floor bath featured tiled shower, and the third-floor unit includes a beautifully updated glass-enclosed shower. Units are fully rented with tenants ranging 2-8+ years, reflecting low turnover and respectful occupancy.

Additional Information

Taxes
$5,462
Lot Size
7,405
Heating
Hot Water
Cooling System Type
None
Water Source
Public
Basement
Full
Elementary School
Per Board of Ed
Middle School
John F. Kennedy Middle School
High School
Southington

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Calculator source: Real Geeks

Listing courtesy of Julie Corrado from Coldwell Banker Realty. (860) 604-3809 (860) 644-2461

Selling Office: LPT Realty - IConn Team.

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