Portland Street, Middletown, CT 06457

$900,000
8
BD
4
BA
5,176
SqFt

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List Price
$900,000
Status
ACTIVE
Days on Market
162
Price Change
▼ $200,000 1787954804
MLS#
24163304
Subtype
Multi-Family For Sale
Year Built
1900
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
5,176
Lot Size
15,245
Acres
0.35
Neighborhood
N/A

Property Description

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.

Additional Information

Exterior Features
Deck, Lighting
Taxes
$8,719
Zoning
MXI
Heating
Baseboard
Air Conditioning
None
Foundation
Concrete
Elementary School
Per Board of Ed
High School
Per Board of Ed

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

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