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$945,000

  • For Sale
  • Active
  • Multi-Family
  • 19 Total Beds
See This Home
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See This Home
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In the heart of Middletown and within walking distance to countless amenities, 54 Washington Street offers both location and opportunity. Once home to the Italian American Club, the building carries a unique history and is now ready for a new vision. This spectacular building has received zoning approval to convert this once community/event space to residential units. Take advantage of the already in place engineered 18-unit build-out plans with extra room for a super, the possibilities are endless. Not only does this building have engineered plans, but it is also stamped for electrical and plumbing. With all major systems professionally designed, code-compliant, and permit ready, this property allows seamless transition straight into the build phase. The opportunities are endless for the savvy investor looking to maximize value in a prime location. 18 parking spots town approved across the street next to the police station !

Full Property Details for 54 Washington St

General

  • Price: $945,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24131159
  • Updated: 12/15/2025
  • Added to Site: 105 day(s) ago

Interior

  • Number of Rooms: 31

Rooms

Bathrooms

  • Total Bathrooms: 18
  • Full Bathrooms: 18

Bedrooms

  • Total Bedrooms: 19

Parking

  • Total Spaces: 18
  • Parking: None, Other, Assigned Parking

Location

  • County: Middlesex
  • Driving Directions: GPS Friendly.

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Heating & Cooling

  • Cooling Type: None
  • Heating Type: No Heat
  • Water Heater: No Hot Water

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Brick
  • Basement Desc.: Full
  • Roof: Other
  • Attic: Yes
  • Square Feet: 12,288
  • Above Ground: 12,288 Sq. Ft.
  • Year Built: 1936

Unit Information

Unit 1

  • Square Feet: 357
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 802
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 537
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 396
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Square Feet: 516
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Square Feet: 414
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Square Feet: 431
  • Full Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Square Feet: 414
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Square Feet: 294
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Square Feet: 368
  • Bedrooms: 1

Unit 11

  • Square Feet: 426
  • Bedrooms: 1

Unit 12

  • Square Feet: 446
  • Bedrooms: 1

Unit 13

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.13
  • Zoning: B-1
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $320,210
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1008616

Listed by William Raveis Real Estate, The One Team At William Raveis Real Estate, Ariel Tortora

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Listing agent

— 54 Washington St —

  • Ariel Tortora

    William Raveis Real Estate

Agent Contact: (203) 500-3243 Office Contact: (203) 453-0391

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 54 Washington St

School District:Middletown School District
NameGradesDistance
Farm Hill School
390 Ridge Road, Middletown, CT 06457
K-51.8 mi
Keigwin Middle School
99 Spruce Street, Middletown, CT 06457
6-1.9 mi
Beman Middle School
370 Hunting Hill Avenue, Middletown, CT 06457
6-81.6 mi
Middletown High School, Middletown, CT
200 La Rosa Lane, Middletown, CT 06457
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54 Washington St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$945,000
-21.25%
MLS
11/17/2025
Price Reduced
$1,200,000
-22.08%
MLS
10/06/2025
Listed
$1,540,000
258.14%
MLS
11/22/2021
Sold
$430,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54 Washington St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,456
6%
$320,210
—
2023
$11,784
5%
$320,210
—
2023
$11,239
-20%
$320,210
1%
2022
$14,018
—
$318,600
—
2021
$14,018
—
$318,600
—
2020
$14,082
—
$318,600
—
2019
$14,146
2%
$318,600
—
2018
$13,923
9%
$318,600
6%
2017
$12,733
3%
$300,310
—
2016
$12,373
4%
$300,310
—
2015
$11,892
-1%
$300,310
—
2014
$12,012
33%
$300,310
13%
2011
$9,012
—
$266,630
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 54 Washington St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by William Raveis Real Estate, The One Team At William Raveis Real Estate, Ariel Tortora

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54 Washington Street, Middletown, CT 06457 (MLS# 24131159) is a Multi-Family property with 18 units containing 19 bedrooms and 18 full bathrooms. 54 Washington Street is currently listed for $945,000 and was received on October 03, 2025. Want to learn more about 54 Washington 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.

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