Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
54 Washington St
Middletown, CT 04631-1227
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Multifamily | 18 Units <ul><li>BUILDING PERMITS IN PLACE TO CONVERT THE PROPERTY INTO AN 18-UNIT RESIDENTIAL BUILDING.</li><li>ENGINEERING, ELECTRICAL, AND PLUMBING PLANS ARE COMPLETED AND STAMPED.</li><li>WALKABLE TO MAIN STREET AMENITIES, DINING, AND RETAIL, DRIVING TENANT DEMAND.</li><li>TOWN-APPROVED PARKING PERMIT PROGRAM ALLOWS RESIDENTS TO PURCHASE DOWNTOWN PARKING</li><li>IDEAL FOR A MULTIFAMILY DEVELOPER, OR VALUE-ADD INVESTOR</li><li>EXISTING STRUCTURE WITH CHARACTER – FORMER ITALIAN AMERICAN CLUB</li>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
