13-15 Portland Street, Middletown, CT 06457
Local realty services provided by:CENTURY 21 AllPoints Realty
13-15 Portland Street,Middletown, CT 06457
$1,300,000
- 12 Beds
- 8 Baths
- 9,890 sq. ft.
- Multi-family
- Active
Listed by: sacha armstrong(860) 538-7778
Office: william pitt sotheby's international realty(860) 682-9991
MLS#:24178851
Source:CT
Price summary
- Price:$1,300,000
- Price per sq. ft.:$131.45
About this home
Unique mixed-use opportunity in Middletown offering strong cash flow and flexible ownership potential. Property consists of a fully occupied 4-family, a fully occupied 2-family, and two 1,600 SF commercial garage/workshop spaces all situated on one lot with views of the Connecticut River and Arrigoni Bridge. One commercial space is leased, while the second vacant garage offers ideal owner-user potential for contractors, storage, workshop space, or additional rental income. Projected 8.2% cap at current occupancy, with stabilization potential of approximately 9.4-9.8% upon lease of the 2nd garage. Residential units feature a desirable mix of 1-, 2-, and 3-bedroom layouts with updates completed over time, including newer boilers and water heaters. Off-street parking, minutes to Route 9, downtown Middletown, and walking distance to Wesleyan University. Property conveyed as-is.
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Home facts
- Year built:1900
- Listing ID #:24178851
- Added:16 day(s) ago
- Updated:June 13, 2026 at 11:39 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:6
- Half bathrooms:2
- Rooms Total:30
- Basement Description:Full Basement
- Living area:9,890 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Gas on Gas
Structure and exterior
- Roof:Asphalt Shingle, Metal
- Year built:1900
- Building area:9,890 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Water View
- Architectural Style:Units are Side-by-Side
- Construction Materials:Wood
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$131.45
- Tax amount:$13,932 (July 2025-June 2026)
Parking
- Total parking spaces:10
- Parking description:Attached Garage, Off Street Parking, On Street Parking, Paved
- Garage:Yes
- Garage spaces:2
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