Amazing location for this 5 unit mixed-use property on Main Street in Middletown. Walk to restaurants, shops, stores and more in the growing center of town 15 minute walk to Wesleyan University and less than a mile to Middlesex Hospital. Four beautiful and updated one-bedroom units offer stainless steel appliances, fresh paint, upgraded bathrooms,floors, and tenant paid utilities. Newer roof that is frequently maintained with no issues. The well known restaurant Whey Station(ary is a long-term stable tenant, ceilings in the restaurant have just been updated. Amazing investment opportunity at a 7.7% CAP with room to increase rents in this desirable location.
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