Unique mixed-use opportunity in Middletown offering strong cash flow and flexible ownership potential. Property consists of a fully occupied 4-family, a fully occupied 2-family, and two 1,600 SF commercial garage/workshop spaces all situated on one lot with views of the Connecticut River and Arrigoni Bridge. One commercial space is leased, while the second vacant garage offers ideal owner-user potential for contractors, storage, workshop space, or additional rental income. Projected 8.2% cap at current occupancy, with stabilization potential of approximately 9.4-9.8% upon lease of the 2nd garage. Residential units feature a desirable mix of 1-, 2-, and 3-bedroom layouts with updates completed over time, including newer boilers and water heaters. Off-street parking, minutes to Route 9, downtown Middletown, and walking distance to Wesleyan University. Property conveyed as-is.
9,890 Sq Ft
0.26 Đất riêng Kích thước lô
khác
Được tích hợp sẵn 1900
MLS/Mã danh sách 24178851
Public Water
Construction - Stone
Construction - Frame
Construction - Block
Stone
Parking - Paved
Public Sewer
Kim loại
TỔNG CHI PHÍ HÀNG THÁNG
0 US$
0 US$
0 US$