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Sold on 09/13/2021
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131 River Rd, Middletown, CT 06457

$365,000

Last sold 09/13/2021 for $365K

  • —

    bed

  • —

    bath

  • 3,570

    Sqft ($102/Sqft)

Multi-family not for sale
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About 131 River Rd

Property type Multi-family
Year built 1950
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Parking 15 garage spaces
Rental estimate
Property description
Be part of the amazing Middletown waterfront. This amazing property is located directly across from the CT River, on the corner of River Road and Walnut Street. The property features two structures on one parcel and a 15 car parking lot on the adjacent parcel. Both are included in the sale. This property has 2 full bathrooms, 3 half baths and a laundry area for it's tenants. 2 brand new gas Navien systems have been installed as well as a new roof on the rear building. This investment property is currently fully leased. Also, please see MLS #170345422
Listed by
Listing Agent - Scott Nardozzi
Listing Office - Cavanaugh & Company LLC
Source: CONNECT MLS mls logo
MLS#170363536 • last updated 5 years ago
Movoto checked CONNECT MLS for data 3 minutes ago
Overview
Cooling/AC None
Heating Gas On Gas, Natural Gas
Type Multi-Family For Sale
SubType 3 Family
SqFt 3570
Status Closed
MLS # 170363536
Lot Size (Acres) 0.29
Property Tax 5761
Property Condition No/Resale
Interior
Attic Finished
Exterior
Exterior Brick
Foundation Concrete
Roofing Asphalt Shingle
# Garage Spaces 15
Parking Paved
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Elementary School Per Board Of Ed
Intermediate School Per Board Of Ed
High School Middletown
Middle School Per Board Of Ed
APN 1012659
Directions On The Corner Of River And Walnut
Multifamily Details
Total # of Units 3
Gross Annual Income 42000
$365K
Range: $328K-$401K
Last 30 days 
Rental est.: $1,410/month
Gross rent multiplier: 21.6
  • Sep 2021
    mls logo MLS # 170363536
  • Sep 13, 2021 Sold
    $365,000
  • Aug 16, 2021 Under Contract
    —
  • Jan 4, 2021 Listed
    $429,000 (+53525.0%)
  • Sep 2021
    Public Records
  • Sep 13, 2021 Sold
    $365,000 (-14.9%)
  • Jul 2016
    mls logo MLS # N10106995
  • Jul 14, 2016 Price Change
    $800 (-8.6%)
  • May 13, 2016 Price Change
    $875 (-2.8%)
  • Feb 1, 2016 Listed
    $900 (-99.5%)
  • Jul 2015
    Public Records
  • Jul 16, 2015 Sold
    $185,500 (-17.6%)
  • Jul 2015
    mls logo MLS # G675014
  • Jul 15, 2015 Sold
    —
  • Mar 11, 2014 Listed
    $225,000
  • Year Property taxes Tax assessment
  • 2021
    $5,771 +0.2%
    $172,030 +22.43%
  • 2020
    $5,761
    $140,510
  • 131 River Rd
    $365K
  • —
  • 06457
    $334K +13% y/y
  • Middletown
    $349K 0% y/y
No chart available
Statistics calculated by Movoto

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