13 Portland Street Middletown, CT 06457
Listing Courtesy of: SMART MLS / William Pitt Sotheby's International Realty / Sacha Armstrong - Contact:  (860) 538-7778

  13 Portland Street Middletown, CT 06457

Coming Soon
$1,300,000 (USD)
8
BATH
9,890
SQFT

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.

MLS #:
24174579
Taxes
$13,932(2025)
Lot Size
0.26 acres
Type
Commerical
Year Built
1900
County
Lower Connecticut River Valley Planning Region

Listed By

Sacha Armstrong, William Pitt Sotheby's International Realty, Contact: (860) 538-7778
Source
SMART MLS
Last checked May 13 2026 at 10:24 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathrooms: 2
Lot Information
  • Sloping Lot
Heating and Cooling
  • Other
  • Gas on Gas
  • Window Unit
Flooring
  • Vinyl
  • Wood
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Metal
Utility Information
  • Utilities: Electric, Gas
  • Sewer: Public Sewer Connected
Additional Information: William Pitt Sotheby's International Realty | (860) 538-7778
Location
   
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