1 day on market
MLS® # 24164387
High-Yield Multi-Asset Investment Opportunity, CT | Positioned in Middletown, this rare, income-producing portfolio features two 2-family homes (4 total units), a 2,898 sq ft workshop, and two additional land parcels-delivering multiple revenue streams and value-add potential. Each residential building offers approximately 1,380 sq ft and has been capital-improved with new roofs, new windows, updated electrical, and modernized plumbing, significantly reducing near-term CapEx. All structures are connected to natural gas, enhancing operational efficiency and tenant appeal. * 4-unit rental configuration with strong, consistent income potential * Additional monetization opportunity via the heated workshop (ideal for contractor lease, storage income, or owner use) * Two separate vacant parcels (.08 & .02 acres) create development or resale upside (buyer to perform due diligence) * Ability to increase rents to market for improved NOI and long-term appreciation. Situated on a combined .25-acre footprint, this asset offers flexibility to scale returns-whether through rent optimization, auxiliary income from the workshop, or future development of excess land. Ideal for investors seeking: * Cash flow + appreciation potential * Multiple exit strategies (hold, expand, or subdivide/sell parcels) Income-generating opportunity with built-in upside in a strong rental market.
Category
Commercial
Style
Commercial For Sale
Type
Other
Taxes / Year
$8,719 / July 2025-June 2026
Status
New
Days on Market
1 days ago
List Date
04/03/2026
Listing Updated On
04/03/2026
Year Built
1900
Baths
1
Heating Type
Baseboard
Air Conditioning
None
Fireplaces
No
Year Built
1900
Foundation Type
Concrete
Roof Material
Asphalt Shingle,Metal
Water Supply
Public Water In Street
Sewer
Public Sewer Connected
Brokerage
Carl Guild & Associates
(1 day on market)
Viewing now
2026-04-03
Listed For Sale
MLS® # 24164387
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