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Sold for $410,000 on 09/07/23
  • $410,000

    130 Highland Ave, Middletown, CT 06457

    7beds
    3,608sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $507,500 Zestimate®
    $114/sqft
    $3,881 Estimated rent

    Home value

    $507,500

    $472,000 - $543,000

    $3,881/mo

    Zestimate® history
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    $3,881/mo

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    Rent Zestimate®

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    $2,807/mo

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    What's special

    This multi family is a Money Maker! And will Not Last!! Rents are under market value but location location location The first floor units were just fully updated with the two hold over tenants living on the second floor which reflects the lower rents and not condition. The only thing owner pays for is taxes, city water and a owners electrical meter. Each unit has its own Brand New (2020) IBC Natural Gas direct vent Heater, that also supplies each reflected apartment with its own demand hot water. Each tenant covers their own gas, and electric which is billed directly from Ever Source. Each tenant has its own separate entry/exit and the property has a lot with ample room for parking. Advertisement for rent has never been needed due to the fact that there is a waiting list of applicants. Current the first floor two bedroom is vacant due to the fact the next owner might want to self occupy (currently have 5 applicants in). The location is key this building is key it is walking distance to Wesleyan University, Middlesex Hospital, Main Street and the bus network. This beautiful house is an investors dream. Owner is a real estate agent.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,608 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Other
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: MTWNM26L0270

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Middletown

    Price history

    DateEventPrice
    9/7/2023Sold$410,000-4.7%$114/sqft
    Source: Public Record
    4/1/2023Listing removed--
    Source: Smart MLS #170516745
    4/1/2023Listed for sale$430,000$119/sqft
    Source: Smart MLS #170516745
    3/2/2023Contingent$430,000$119/sqft
    Source: Smart MLS #170516745
    1/25/2023Listed for sale$430,000$119/sqft
    Source: Smart MLS #170516745

    Public tax history

    YearProperty taxesTax assessment
    2025$10,243 +5.7%$263,310
    2024$9,690 +4.8%$263,310
    2023$9,242 +16.1%$263,310 +45.5%

    Find assessor info on the county website

    Neighborhood: 06457

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Middletown

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $507,500
    2% more+ $10,150
    With Zillow Showcase(estimated)
    $517,650