Portland
Middletown, CT 06457

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 4
Area: 5176 sq ft

Financials

Price:$1,100,000
Annual Taxes:$8,719
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Jamie Smigel of Carl Guild & Associates

Exceptional Multi Family Investment Opportunity in CT !

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.

Amenities

  • Deck
  • Elementary School - Per Board of Ed
  • Gutters
  • High School - Per Board of Ed
  • Intermediate School -
  • Lighting

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