173/179 Butternut Street

Middletown, Connecticut 06457

Status
For Sale
Square Feet
1,500
Beds
Price
$899,950
Type
Commercial For Sale
Garages
Baths
0
MLS
170372973

Price

$899,950

Schedule A Showing

Interior Details

Interior Size
1,500 Sq Ft
Bedrooms
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
2.00 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Frame
Cooling
Central Air

Other Information

Property Tax
$5,803
Assessed Value
$131,280
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

This 2 acre site is approved for a 19 (in total) unit apartment development in Middletown, CT. There are currently 2 units completed with an annual gross rental income of $35,640. There are approvals in place for 30 parking spaces, 8 - 2 bedroom units with 2 full baths and 9- 1 bedroom units with 1 full bath. 2 of the 1 bedroom units are handicap accessible. This development is fully approved and ready for you to start building. Road frontage on Butternut Street is 336 feet and road frontage on Thomas Street is 121 feet. City approvals, maps, plans, surveys and soil samples are in the listing agents office. There is also a 2 car garage located on this property for additional rental income. Also, see MLS #170373530 & #170374318
Listed by Cavanaugh & Company LLC, Scott C Nardozzi. Data sourced from SmartMLS

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