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Main Street Multi-Family Investment

1418-1420 Main St Newington, CT 06111

1418-1420 Main St, Newington, CT, 06111
$800,000
For Sale
$800,000

Five-family income property on Main Street with cosmetics needed and an indicated lot-split potential.

Days on Market74

Property Features for 1418-1420 Main St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1834
Listing agency
Listed by Matthew F. Schoenhardt
Source Elliman
Added: May 9 Updated: Jul 20 at 9:12PM Checked: Jul 21 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthew F. Schoenhardt


Investment Insights

Based on property information with market context.

This Main Street multifamily property is described as a functional five-family income producer, and it is being marketed as having logistics to support tours for three of the units. The owner/agent notes the photo was taken a few years ago and that the property has cosmetic issues, including the need for power washing, painting, and isolated trim work.

The offering is located at 1418–1420 Main St in Newington, and it is diagonally across from the firestation. The remarks also indicate the property has been off the market for 40+ years.

A plot plan is posted for the lot that could potentially be split off, subject to required setbacks, and the town has verified that a building lot is possible. The remarks further state there are two areas in the house that may be convertible into additional units, which could increase the functional count, or alternatively allow conversion back to a single-family home.

Key Highlights

  • Year built 1834: five‑family investment property on Main Street in Newington
  • Diagonally across from the firestation and close to town hall on Main Street
  • Rental rates are under market compared to other units like condos or duplex rates in town

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Building Supply Garden Center Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Storage Facility Bakery Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-family income property on Main Street with cosmetics needed and an indicated lot-split potential.
Where is this apartment building located?
The property is located at 1418-1420 Main St Newington, CT.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Year built 1834: five‑family investment property on Main Street in Newington; Diagonally across from the firestation and close to town hall on Main Street; Rental rates are under market compared to other units like condos or duplex rates in town
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