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75 Hillside Ave
Middletown, CT 06457
Hillside Avenue Apartments · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 11,084 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Zoning | R-20 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 11,084 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | R-20 |
ABOUT 75 HILLSIDE AVE , MIDDLETOWN, CT 06457
Northeast Private Client Group is pleased to present the Hillside Avenue Apartments, a 12-unit multifamily property located in Middletown, Connecticut. The Hillside Avenue Apartments are comprised of 4 one-bedroom & 8 two-bedroom apartments. Heat and hot water supplied through a central natural gas-fired burner. Tenants are responsible for their own electric expense. The property features ample parking for all tenants and their visitors. Hillside Avenue Apartments is located in a quiet residential neighborhood, making it a very desirable place to live in Middletown. This has also helped keep occupancy levels at or near 100% historically. A new owner can realize generous upside potential through raising the rents to market levels. Currently rents at this property are approximately 25-35% below market rate.
PROPERTY TAXES
| Parcel Number | MTWN-000036-000000-000445 | Improvements Assessment | $498,170 |
| Land Assessment | $168,000 | Total Assessment | $666,170 |
PROPERTY TAXES
