Property Description
Fantastic investment opportunity in Middletown! This unique single-family home with a fully permitted ADU offers exceptional versatility and strong rental income. The property features three fully rented units-a spacious upper-level unit, a ground-level unit, and a private ADU attached off the back. Together, these units currently generate $3,400/month, and all existing tenants will convey with the property, providing instant cash flow for the next owner. The finished basement, delivered vacant, adds additional flexibility-ideal for storage, personal use, or potential future income (buyer to do due diligence). Each space has been thoughtfully utilized, making this an efficient and high-performing property in a desirable location. Whether you’re an investor expanding your portfolio or an owner-occupant looking to offset your mortgage, this property delivers outstanding value and endless potential.
Features
- Heating System:
- Hot Air
- Cooling System:
- Window Unit
- Basement:
- Full
- Appliances Included:
- No
- Foundation Type:
- Concrete
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Other
- Fireplaces Total:
- 2
- Parking Total Spaces:
- 0
- Hot Water Description:
- Other
- Lot Description:
- N/a
- Water Source:
- Public Water Connected
Address Map
- Street:
- Bailey
- Street Number:
- 180
- Floor Number:
- 0
- Longitude:
- W73° 19′ 24”
- Latitude:
- N41° 33′ 57.5”
MLS Addon
- Office Name:
- Dorrance Realty
- Agent Name:
- Thomas Mele
- List Agent MLSID:
- 846474
- List Office MLSID:
- 12793
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS friendly
- Elementary School:
- Spencer
- High School:
- Middletown
- HOA Fee Amount:
- $0
- Parcel Number:
- 1007612
- Property Tax:
- $8,808
- Zoning:
- R-15
Single Family For Sale
180 Bailey, Middletown, 06457
4 Bedrooms
1 Bathrooms
2,540 Sqft
$335,000
Listing ID #24141334
Basic Details
- Property Type :
- Single Family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24141334
- Price :
- $335,000
- Bedrooms :
- 4
- Baths Total :
- 2
- Bathrooms :
- 1
- Half Bathrooms :
- 1
- Square Footage :
- 2,540 Sqft
- Year Built :
- 1957
- Lot Area :
- 0.27 Acre
- City:
- Middletown
- Zipcode:
- 06457
- Style :
- Colonial
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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