Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
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$ 2,175,000
Est. payment | /mo

1 Bath

11,098 SqFt


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$ 2,175,000
Est. payment | /mo
Save

1 Bath

11,098 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,098 sqft

Price per Sqft $195

MLS Listing ID 24125646

Full Baths 1

HOA Fees $5,604/mo

Year Built 1987

Annual Tax Amount $30,194

Property Description

Portfolio of 18 rental condo units in the Peppermill Village association in Middletown. All units rented, this turnkey investment portfolio offers immediate cash flow. Current Gross Rents of $274k. 14 1-bedroom units and 4 1-bedroom w/loft units. HOA includes water, sewer, trash, landscape, Snow removal. Tenants responsible for electric utility.

Location

State CT

County Middlesex

Zoning PRD-2

Interior

Heating Radiator

Cooling Wall Unit

Exterior

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Travis Bowden • Brickwell Partners 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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123 Burgundy Hill Lane