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$ 2,175,000
Est. payment /mo
Active
123 Burgundy Hill Lane Middletown, CT 06457
1 Bed
1 Bath
11,098 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 11,098 sqft
Price per Sqft $195
Subdivision Peppermill Village
MLS Listing ID 24125674
Style Units on different Floors,Other
Bedrooms 1
Full Baths 1
HOA Fees $5,604/mo
Year Built 1987
Annual Tax Amount $30,194
Lot Size 1.000 Acres
Property Sub-Type 5 Family+
Property Description
Portfolio of 18 rental condo units in the Peppermill Village association in Middletown. All units rented, this turnkey investment portfolio offers immediate cash flow. Current Gross Rents of $285k. 13x 1-bedroom units, 4x 1-bedroom w/loft units, and 1x 2-bedroom unit. HOA includes water, sewer, trash, landscape, Snow removal. Tenants responsible for electric utility.
Location
State CT
County Middlesex
Zoning PRD-2
Rooms
Basement None
Interior
Heating Baseboard
Cooling Wall Unit
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Block, Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Middletown
Listed by Travis Bowden • Brickwell Partners LLC