71 E Main Street, Middletown, CT 06457
- Beds
- 6
- Baths
- 3
- Sqft
- 3,110
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 6
- Number of bathrooms
- 3
- Square feet
- 3,110
- Lot size (acres)
- 0.15
- Year built
- 1900
Utilities
- Heating
- Natural gas, Hot water
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $7,607
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®#: 24118536 Last checked: …

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