38 Boston Rd Middletown, CT 06457
This exceptional multifamily property, located at 38 Boston Rd in Middletown, Connecticut, presents a compelling investment opportunity. Situated in Middlesex County, this apartment building offers a range of unit sizes, boasting square footage varying from 500 to 1200 square feet. The building's classification as a multifamily property indicates its suitability for a diverse range of tenants. The address is conveniently located in Middletown, CT, zip code 06457, providing easy access to local amenities and transportation networks. The property's geographic coordinates are 41.5532755 latitude and -72.6755993 longitude, allowing for precise location identification and mapping. This is a "For Sale" listing, presenting a chance to acquire a well-situated multifamily investment in a thriving Connecticut market. The building's size and unit variations suggest potential for strong rental income and long-term appreciation. Further due diligence is recommended to fully assess the property's financial performance and potential. This is an excellent opportunity for investors seeking a stable and potentially lucrative addition to their portfolio. The property's location in Middletown offers access to a range of local services and attractions, making it an attractive option for prospective tenants. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is currently available for purchase.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.