This unique property presents an exceptional opportunity for both investors and owner occupants seeking flexibility and income potential.


Property

Website:https://www.nestseekers.com/5385857
Address:
286 Marlborough
Portland, CT 06480
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 2 BR
Bathrooms: 3
Area: 4205 sq ft

Financials

Price:$575,000
Annual Taxes:$8,315

Description

This unique property presents an exceptional opportunity for both investors and owner-occupants seeking flexibility and income potential. The upper level offers a well-appointed two-bedroom, one-bath apartment filled with natural light-perfect for immediate occupancy or reliable rental income. On the first floor, a spacious layout that previously operated as a salon provides a blank canvas for transformation. With its size and configuration, it can be thoughtfully converted into a three-bedroom residential unit, creating a true two-family property. The flexibility here is a standout feature-convert the first floor to expand into a full two-unit residential property, or maintain the commercial space below while generating rental income above. This opens the door to a variety of strategies, from live/work setups to mixed-use investment potential. Located in a desirable area with excellent visibility and accessibility, the property also carries a unique edge, having been used as a filming location-adding character and distinction. Whether you're looking to expand your portfolio or secure a flexible living arrangement with income potential, this property offers a rare combination of adaptability and value.

Amenities

  • Elementary School - Gildersleeve
  • High School - Portland
  • Intermediate School - Brownstone
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Krob Robinson of Eagle Eye Realty PLLC