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.
Sold
$410,000
130 Highland Ave, Middletown, CT 06457
7beds
3,608sqft
MultiFamily
Built in 1900
-- sqft lot
$496,400 Zestimate®
$114/sqft
$-- HOA
What's special
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
Services availability

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