USACTMiddletownN/a71 E Main St
71 E Main St, Home with 6 bedrooms, 3 bathrooms and null parking in Middletown CT | Image 1
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$279,000

71 E Main St, Middletown, CT

Real Estate

For Sale

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630
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3110 sqft
Garage No
Taxes $7,278
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $89
MLS® Number 24118536

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number24118536
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1900
BasementNone
DrivewayNone
Garage Spaces
HeatNatural Gas, Hot Water
A/CNone
Heating Fuel

Extras

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