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$450,000
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Property Description
Great investment opportunity with added flexibility for an owner occupant. This clean and well maintained three unit multi family offers three similar updated layouts, each with 3 bedrooms, a spacious eat in kitchen with pantry, and a large living room that gives every unit a comfortable, functional feel. Two units are currently rented, while the second floor is vacant, creating an ideal setup for an investor who wants immediate income with the option to live on site. Major updates add even more value, including a newer 2017 Navien on demand gas furnace, updated electrical with breakers, updated plumbing, and much more. The basement is clean and dry, offering excellent storage and utility space, while five off street parking spots add everyday convenience for residents. Set close to state parks, restaurants, museums, shopping, and medical facilities, this is a smart opportunity to own a solid, well cared for property in a location that supports both lifestyle and long term rental appeal. HIGHEST AND BEST DUE TUESDAY 4/14 AT 10:00AM
Full Property Details
Full Property Details for 259 Pearl St
General
- Sold For: $450,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24158068
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Deck
Parking
- Total Spaces: 5
- Parking: Parking Lot, Off Street Parking
Location
- County: Middlesex
- Driving Directions: GPS
School Information
- Elementary School: Macdonough
- Middle School: Keigwin
- Intermediate School: Per Board of Ed
- High School: Middletown
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Tankless Hotwater
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full
- Roof: Flat
- Attic: Yes
- Square Feet: 3,906
- Above Ground: 3,906 Sq. Ft.
- Year Built: 1917
Unit Information
Unit 1
- Square Feet: 1300
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Square Feet: 1300
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Square Feet: 1300
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1
- Zoning: RPZ
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $254,500
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1007875
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Schools
Schools serving 259 Pearl St
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Macdonough School 66 Spring Street, Middletown, CT 06457 | K-5 | 0.1 mi |
Keigwin Middle School 99 Spruce Street, Middletown, CT 06457 | 6- | 1.5 mi |
Beman Middle School 370 Hunting Hill Avenue, Middletown, CT 06457 | 6-8 | 1.9 mi |
Middletown High School, Middletown, CT 200 La Rosa Lane, Middletown, CT 06457 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 259 Pearl St
Date
Details
Price
Change
Source
5/29/2026
Sold
$450,000
13.92%
MLS
4/10/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
259 Pearl Street, Middletown, CT 06457 (MLS# 24158068) is a Multi-Family property that was sold at $450,000 on May 29, 2026. This property was listed by Mike Rethis from our South Windsor Office.Want to learn more about 259 Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.



