13-15 Portland St, Middletown, CT 06457
- Beds
- 12
- Baths
- 8
- Sqft
- 9,890
- Garage
- Yes
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of bedrooms
- 12
- Number of bathrooms
- 8
- Square feet
- 9,890
- Lot size (acres)
- 0.26
- Year built
- 1900
Interior features
- Basement
- Yes
Garage and parking
- Garage parking spaces
- 2
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24178851 Last checked: …

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