Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
Middletown, CT 06457,123 Burgundy Hill Lane
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$2,175,000
Est. payment /mo
1 Bath
11,098 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,098 sqft

Price per Sqft $195

MLS Listing ID 24125646

Full Baths 1

HOA Fees $5,604/mo

Year Built 1987

Annual Tax Amount $30,194

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

Interior

Heating Radiator

Cooling Wall Unit

Exterior

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Sewer Public Sewer Connected

Water Public Water Connected


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Listed by Travis Bowden • Brickwell Partners LLC

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Dawn Cabral

Dawn Cabral

Owner/Broker

+1(203) 228-7564

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123 Burgundy Hill Lane