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    184 High St Middletown, CT 06457
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    Property profile & analytics

    184 High St Middletown, CT 06457


    • Investment properties
    • 7,066 SF
    • 0.20 lot acres
    Rooming House Near Wesleyan University For Lease
    $520,000

    Rooming House Near Wesleyan University

    Rooming house located within Wesleyan University campus.

    184 High St, Middletown, CT 6457
    View Listing
    Property ID
    US15-0977926
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $520,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 184 High St

    Year built
    1924
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.20 lot acres
    Property size
    7,066 SF
    Zone code
    DVD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MTWN M:24 L:0158
    APU
    MTWNM24L0158

    Description

    This exceptional 10,878 square foot rooming house presents a unique investment opportunity within the heart of Wesleyan University's campus in Middletown, Connecticut. Situated on a 0.2-acre lot at 184 High Street, this property enjoys a highly desirable location directly across from the site of Wesleyan's new $255 million science building. Currently configured as a 19-room rooming house, the property offers significant potential for redevelopment and increased rental income. The entire 10,878 square feet is currently vacant, providing a blank canvas for a future owner to renovate and reposition the property to meet current market demands. Given its proximity to the university and the anticipated increase in student and faculty population due to the new science building, this property is poised for strong rental returns. The property's location in Middlesex County, Connecticut, within the Wesleyan University Campus submarket, ensures a consistent stream of potential tenants. This is a rare opportunity to acquire a privately owned property within the Wesleyan University campus, offering exceptional long-term investment prospects. The existing structure provides a solid foundation for a variety of uses, subject to local zoning regulations. This property is being offered as a single-tenant building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $500,000
      ML approach
      $450,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $547,000
      Market price range: $547k - $1.09M
      AI Estimate
      $449,000
      Market price range: $337k - $1.02M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $780,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $750,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6541
    Latitude
    41.5545
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,266
    $177,100
    $200,850
    $377,950
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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