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Property Description
Exceptional mixed-use investment opportunity in Middletown, with views of CT River and landmark Arrigoni Bridge. Offering strong in-place cash flow with immediate upside potential. Features six fully occupied residential apartments (2-1bds, 2-2bds, 2-3bds) plus two 1,600 square foot commercial garage/workshop spaces, creating strong stability. One commercial garage is currently leased, while the second vacant garage presents a compelling opportunity for an owner-user or investor seeking additional income. If you’re a contractor, workshop operator, have storage needs, or small business owner, the vacant commercial space (currently listed for rent) allows a buyer to occupy the space while offsetting ownership costs through the residential income stream. The residential apartments have been updated over time, have newer boilers/water heaters and offer a strong unit mix of one-, two-, and three-bedroom layouts with broad tenant appeal. Property features off-street parking, and excellent access to Route 9, downtown Middletown, shopping, restaurants, and commuter routes. * 8 total income-producing spaces * 6 fully leased residential apartments * 2 commercial garage/workshop units * One leased commercial space + one vacant 1,600 SF commercial unit * Owner-user opportunity (act soon before rented) * Minutes from Route 9 * Walk to downtown and Wesleyan – This is a rare, stable cash flow, turnkey opportunity!!!! Property to be conveyed in as-is condition.
Features
Heating System:
Other, Gas On Gas
Cooling System:
Window Unit
Flooring:
Vinyl, Wood
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Highway Access, Downtown
Lot Description:
Sloping Lot
Water Source:
Public Water Connected
Address Map
Street:
Portland
Street Number:
13
Floor Number:
0
Longitude:
W73° 20′ 53.1”
Latitude:
N41° 34′ 2.9”
MLS Addon
Office Name:
William Pitt Sotheby’s International Realty
Agent Name:
Sacha Armstrong
List Agent MLSID:
ARMSTROS
List Office MLSID:
14038
Tax Year:
July 2025-June 2026
Directions:
per GPS
HOA Fee Amount:
$0
Parcel Number:
1005938
Property Tax:
$13,932
Zoning:
MXI

Commercial For Sale

13 Portland, Middletown, 06457

0 Bedrooms
6 Bathrooms
9,890 Sqft
$1,300,000
Listing ID #24174579
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24174579
Price :
$1,300,000
Bedrooms :
0
Baths Total :
8
Bathrooms :
6
Half Bathrooms :
2
Square Footage :
9,890 Sqft
Year Built :
1900
Lot Area :
0.26 Acre
City:
Middletown
Zipcode:
06457
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 18 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…