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Property Description
Exceptional Multi-Family Investment Opportunity in CT! Located in desirable Middletown, this unique property package offers two two-family homes-for a total of four income-producing units-along with a versatile 2,898 sq ft workshop and two additional vacant land parcels. Each residential building offers approximately 1,380 sq ft with new roofs, new windows, upgraded electrical, and modernized plumbing-providing peace of mind for years to come. All properties are connected to natural gas, adding efficiency and convenience. One unit has been fully renovated, supplies to renovate the other units are located in the workshop. The standout feature is the expansive heated workshop with electricity and plumbing already in place, opening the door to endless possibilities-ideal for contractors, hobbyists, storage, or potential additional income use. Set on a combined .25-acre lot, plus two separate parcels (.08 and .02 acres), this offering provides flexibility rarely found * Expand your portfolio with strong rental income potential * Build on the additional lot (buyer to do due diligence) * Or enjoy extra outdoor space as a private side yard. Whether you’re an investor looking for solid cash flow or an owner-occupant seeking supplemental income, this property delivers versatility, updates, and long-term value in one compelling package.
Features
Heating System:
Baseboard
Cooling System:
No
Basement:
Partial With Hatchway, Partial
Foundation Type:
Concrete
Heat Fuel Type:
Natural Gas
Exterior Features:
Deck, Gutters, Lighting
Exterior Siding:
Vinyl Siding, Stucco
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
Domestic
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Portland
Floor Number:
0
Longitude:
W73° 21′ 34.2”
Latitude:
N41° 34′ 23.6”
MLS Addon
Office Name:
Carl Guild & Associates
Agent Name:
Jamie Smigel
List Agent MLSID:
842470
List Office MLSID:
CARL01
Tax Year:
July 2025-June 2026
Directions:
GPS Friendly
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
999999999
Property Tax:
$8,719
Zoning:
MXI

Multi-family For Sale

Portland, Middletown, 06457

8 Bedrooms
4 Bathrooms
5,176 Sqft
$1,100,000
Listing ID #24163304
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24163304
Price :
$1,100,000
Bedrooms :
8
Baths Total :
4
Bathrooms :
4
Half Bathrooms :
0
Square Footage :
5,176 Sqft
Year Built :
1900
Lot Area :
0.35 Acre
City:
Middletown
Zipcode:
06457
Property Sub Type :
4 Family
Style :
Units on different Floors,Units are Side-by-Side
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…