$1,100,000 ($212.52 per sqft)

Est. Mortgage $5,418/mo *

Quick Pre-Approval

Listing courtesy of Jamie Smigel jamiesmigel.ct@gmail.com, Carl Guild & Associates (860) 474-3500


Portland Street, Middletown, CT, 06457

Portland Street, Middletown, CT, 06457

16 rooms

8 beds

4 Full baths

1900

Units on different Floors, Units are Side-by-Side

5,176 sqft

Exceptional Multi-Family Investment Opportunity in CT! Located in desirable Middletown, this unique property package offers two two-family homes-for a total of four income-producing units-along with a versatile 2,898 sq ft workshop and two additional vacant land parcels. Each residential building offers approximately 1,380 sq ft with new roofs, new windows, upgraded electrical, and modernized plumbing-providing peace of mind for years to come. All properties are connected to natural gas, adding efficiency and convenience. One unit has been fully renovated, supplies to renovate the other units are located in the workshop. The standout feature is the expansive heated workshop with electricity and plumbing already in place, opening the door to endless possibilities-ideal for contractors, hobbyists, storage, or potential additional income use. Set on a combined .25-acre lot, plus two separate parcels (.08 and .02 acres), this offering provides flexibility rarely found * Expand your portfolio with strong rental income potential * Build on the additional lot (buyer to do due diligence) * Or enjoy extra outdoor space as a private side yard. Whether you're an investor looking for solid cash flow or an owner-occupant seeking supplemental income, this property delivers versatility, updates, and long-term value in one compelling package.


Status:

Active

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

4

Zoning:

MXI

Heating:

Baseboard

Cooling:

None

Basement:

Partial, Partial With Hatchway

Acreage:

0.35

Est. Taxes:

$8,719

Assessment

$244,270

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

41

MLS #:

24163304


Community Info

School Info

Walk Score

Mass Transit

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