Under Contract

356 Main Street

Portland, CT 06480

$499,900 $2,107/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

3,720

Sqft

1.03

Acres(Lot)

Description

Investor alert in the heart of Portland! Welcome to 354-356 Main Street, a rare 4-unit multifamily offering incredible upside, strong rental potential, and a layout that works beautifully for both investors and owner-occupants. Priced with condition in mind, property is being sold as-is. Two units are currently month-to-month and well below market rent, creating a major value-add opportunity from day one. Projected rents offer impressive income potential, with units estimated around $1,600/month, the spacious townhouse-style unit around $2,000/month, and the 3-bedroom unit around $1,800/month. This property also features a huge backyard, offering outdoor space rarely found with multifamily properties. Whether tenants want room to relax, garden, grill, or enjoy extra green space, this yar d adds major appeal. Need storage, workspace, or a place to bring your hobbies to life? The detached garage needs work, but with the right handy buyer, it could be transformed into an amazing workshop, storage space, or dream setup for mechanics, gearheads, contractors, or anyone needing extra room. Major Bonus: The oil furnaces were replaced aproximatley 4 years ago. Perfect for investors looking to increase rents and build long-term cash flow, or an owner-occupant looking to live in one unit while the others help pay the mortgage. OPEN HOUSE SAT/SUN 1-3PM You will be able to get into ALL 4 units and basement

Property Details

Property Type : Residential Income

Price : $499,900

AD Id : 87848996

MLS Id : 24182877

Beds : 9

Lot Size : 1.03 Acres

Living Area Size : 3,720

Year Built : 1827

County : Middlesex

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 9

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Rooms Total: 15 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Oil, Hot Water Has Cooling: Yes Cooling: Wall Unit(s), Ceiling Fan(s)

Building Information

Year Built: 1827 Building Area Total: 3720 Construction Materials: Aluminum Siding, Frame Private Pool: No

Lot Information

Lot Size Acres: 1.03 Lot Description: Level

Listing Price Information

Listing Price: $499900

Tax Information

Parcel Number: 1034002 Annual Tax: $8196

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: GPS Friendly WaterSource: Public

Sell a home like this and save $29,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
286 Marlborough Street, Portland, CT, 06480	$499,000	2	3	4,205	4,205 SqFt
12 Fairview Street, Portland, CT, 06480	$449,000	8	6	3,654	3,654 SqFt

Similar Multifamily To 356 Main Street

Nearby For Sale

Active

$499,000

Multifamily For Sale

286 Marlborough Street,
Portland, CT, 06480

Bed

Bath

Sqft

Acres(Lot)

12 Fairview Street,
Portland, CT, 06480

Bed

Bath

Sqft

Acre(Lot)

356 Main Street,
Portland, CT, 06480

Bed

Bath

3,720

Sqft

1.03

Acres(Lot)

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/18/2026 @ 02:36

MLS: 24182877 LISTED BY: Jeni Mascaro, LPT Realty SOURCE: SmartMLS