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50 Rappallo Avenue

Middletown, CT 06457
  • $439,900
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • MLS #: 170458638
Under Contract
UPDATED: 22 min ago
$439,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,680
    SQFT
  • $57
    $/SQFT
Type:
Commercial
Built:
1860
County:
Area:

School Ratings & Info

Description

Well maintained mixed-use building in center of Middletown downtown business district. Includes commercial space on the first floor with could be divided into two separate commercial spaces or it could be rented as one space. Space was last leased in 2020 for $2,600 a month to a bakery. Previous uses have included a bakery, bar and grille and restaurant. Second floor includes four well maintained one bedroom apartments, all are currently leased for rents from $800 to $1,000 a month. Additional space in the basement could be used by owner or generate additional income. (see attached Executive Summary for Income and Expense information and details.) Property being sold as is.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-18T15:09:59.44.
www.faifmangroup.com/homes/124321159
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50 Rappallo Avenue Middletown, CT 06457

  • Price: $439,900
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 22 min ago
  • MLS #: 170458638
0
Beds
0
Baths
0
½ Baths
0.12
Acres
7,680
SQFT
$57
$/SQFT
1860
Built
County:
Middlesex
Area:
Middletown
Property Description
Well maintained mixed-use building in center of Middletown downtown business district. Includes commercial space on the first floor with could be divided into two separate commercial spaces or it could be rented as one space. Space was last leased in 2020 for $2,600 a month to a bakery. Previous uses have included a bakery, bar and grille and restaurant. Second floor includes four well maintained one bedroom apartments, all are currently leased for rents from $800 to $1,000 a month. Additional space in the basement could be used by owner or generate additional income. (see attached Executive Summary for Income and Expense information and details.) Property being sold as is.
Exterior Features

Construction Description Frame Exterior Features Sidewalk Foundation Type Concrete Lot Description DryLevel Lot Parking Total Spaces 0 Road Frontage Description Municipal Street Roof Information Fiberglass Shingle

Interior Features

Cooling System None Heat Type Radiator

Property Features

Bank Owned Property Yn No Commercial Category Residential IncomeRetail Documents Available Lead DisclosureOther Flood Zone Yn No Garage Parking Info Unassigned ParkingOff Street Parking Heat Fuel Type Natural Gas Location Downtown Possession Availability Negotiable Potential Short Sale Yn No Property Tax 7981 Sewage System Public Sewer Connected Sign Yn Yes Utilities Available ElectricTelephoneCable Water Source Public Water Connected Zoning B-1

Listing information © 2022 Smart MLS
Listing provided courtesy of Gary R Thompson of Ct Realty Consultants.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-18T15:09:59.44.
 
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