41.565014 -72.65068

22,40,44 Green Street Middletown, CT 06457

232712257 41.565014 -72.65068 221 False 0 1050000.0 15323 105 0 170168865 False
  • $1,050,000
  • 0 bd
  • 15,323 sqft
  • 0.59 lot
  • Est payment $5636.63/mo

Property & Neighborhood Info

Courtesy Of Berkshire Hathaway NE Prop.

Multi-Family in Middletown

This is a this turn key portfolio + possible development opportunity in rapidly expanding Downtown Middletown with 8.5+% CAP rate.. The property addresses are 22, 40 and 44 Green Street. The portfolio consists of: 5 Family + 4 Family + 4 Family = 13 Total Units. There is also one building lot included in this sale + a detached 4-car garage. Overall, the unit mix consists of (2) 1 bed units, (6) 2 bed units and (5) 3 bed units. The units have various kitchen and bath updates and the majority have hardwood floors throughout. Units are a good size, with EIK and pantry + closets throughout. All three buildings have separate and tenant paid utilities (gas heat and hot water) + separate and updated electric throughout. The furnaces, hot water tanks, roofs and rear porches are all in good condition. The properties have vinyl/replacement windows. There is a laundry room on site for all tenants - owner owned washer/dryers. There is ample off-street parking at each building. This is a GREAT opportunity! DO NOT WALK PROPERTY W/OUT L.A PRESENT. .. Near NEW Harbor Yard Development!

Courtesy Of Berkshire Hathaway NE Prop.
  1. 0 Beds
  2. 15,323 Sq. Ft.
  3. 0.59 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1928
  • Garage: 4.0
  • School District: Per Board of Ed
  • School District3: Per Board of Ed
  • County: Middlesex
  • Taxes: $8,217.00
  • Units: 13
  • Zoning: B-1
  • MLS Number:170168865

Additional Features

  • Attic:
    • Crawl Space
    • Y
  • Cooling:
    • Ceiling Fans
    • Window Unit
  • Energy Features:
    • Storm Doors
    • Thermopane Windows
  • Water Heater:
    • Electric
    • Natural Gas
  • Laundry:
    • Coin Op Laundry
    • Common Laundry Area
  • Construction:
    • Brick
    • Frame
    • Masonry
  • Garage:
    • Detached Garage
    • Off Street Parking
    • Parking Lot
  • New Construction:
    • No
  • Occupied By:
    • Tenant
  • Property Subtype:
    • 5 Family+
  • Roof:
    • Asphalt Shingle
    • Flat
  • Style:
    • Units on different Floors
  • Year Built Source:
    • Approximate
  • Basement:
    • Full
    • Unfinished
  • Foundation:
    • Brick
    • Masonry
  • Driveway:
    • Paved
  • Exterior:
    • Gutters
    • Lighting
    • Porch
    • Porch-Enclosed
    • Sidewalk
  • Siding:
    • Brick
    • Vinyl Siding
  • Elevation:
    • N
  • Flood Zone:
    • N
  • Lot Description:
    • Corner Lot
    • Level Lot
  • Waterfront:
    • N
    • Not Applicable
  • Pool:
    • N
  • Fuel:
    • Electric
    • Natural Gas
    • Non Applicable
  • Heating:
    • Baseboard
    • Electric
    • Natural Gas
  • Sewer:
    • Public Sewer Connected
  • Amenities:
    • Commuter Bus
    • None
    • Public Pool
    • Public Transportation
    • Shopping/Mall
    • Walk to Bus Lines
  • Community Features:
    • Commuter Bus
    • Public Pool
    • Public Transportation
    • Shopping/Mall
    • Walk to Bus Lines
  • Handicap Features:
    • Multiple Entries/Exits
  • Water:
    • Public Water Connected
  • Bank Owned:
    • N
  • Gross Income:
    • 147900
  • Net Operating Income:
    • 90134
  • Warranty:
    • N
  • Annual Expenses:
    • 50671
  • HOA:
    • N
  • Fireplaces Total:
    • 0
  • Possession:
    • Negotiable
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Joe Piscitelli
Joe Piscitelli
171 Broad Street Milford CT 06460
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41.565014 -72.65068

22,40,44 Green Street Middletown, CT 06457

232712257 41.565014 -72.65068 221 False 0 1050000.0 15323 105 0 170168865 False
  • $1,050,000
  • 0 bd
  • 15,323 sqft
  • 0.59 lot
  • Est payment $5636.63/mo