CT > Middletown
Middletown, CT 06457,71 East Main Street
Middletown, CT 06457,71 East Main Street
Middletown, CT 06457,71 East Main Street
Middletown, CT 06457,71 East Main Street
Middletown, CT 06457,71 East Main Street
Middletown, CT 06457,71 East Main Street
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Ilka Torres

Ilka Torres

+1(860) 985-3788
$ 229,000
Est. payment | /mo

6 Beds

3 Baths

3,110 SqFt

Save
$ 229,000
Est. payment | /mo
Save

6 Beds

3 Baths

3,110 SqFt

Open House

Sat Nov 01, 10:00am - 11:00am

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,110 sqft

Price per Sqft $73

MLS Listing ID 24118536

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

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $7,607

Lot Size 6,534 Sqft

Property Sub-Type 4 Family

Property Description

ADD VALUE ALERT! This mixed use asset is offered at $299,000 with an estimated renovation budget of $120,000. Once renovations have been completed, all four units will generate $7,000 in monthly income supporting an after repair value of at least $480,000. The building sits on a corner lot within very close proximity to downtown Middletown. A vacant commercial space on the ground level provides a potential owner operator with tremendous opportunity to add value to their existing business or start anew. The commercial space was once operated as a bar and restaurant combo consisting of a bar area, main dining room, kitchen, and a half bathroom. Three residential units fill the upper two floors including a one bedroom, two bedroom, and three bedroom apartment. The units will be conveyed vacant allowing a buyer to start renovations immediately.

Location

State CT

County Middlesex

Zoning MXI

Rooms

Basement None

Interior

Heating Hot Water

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Sloping Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Connor Wenchell • VC Property Group, LLC

GET MORE INFORMATION

Ilka Torres
Ilka Torres

Broker | License ID: REB.0794005

+1(860) 985-3788

1939 Broad St, Hartford, CT, 06114, USA

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71 East Main Street