148 Highland Ave, Middletown, CT

$1,500,000

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1,688

Square feet

0.21

Acres

About 148 Highland Ave

Once in a lifetime business opportunity. Take over a business that is not only profitable, but also provides value to people who are in need and are seeking help! This Recovery House business includes 5 properties; fully furnished with beds and well paying, established tenants. Stepping Stones II, LLC. is an established Recovery Home business that has been around for over 20 years. At 80% occupancy, the gross rental income for all 5 properties is approx. $293,280 annually. This is a package deal to be sold together with 163 Mount Pleasant (MLS #170501378), 13 bartlett (MLS #170501326), 168 Mount Pleasant (MLS #170501404), 164 Mount Pleasant (MLS #170501410).

Features of 148 Highland Ave

MLS® # 170501387
Price $1,500,000
Bathrooms 0.00
Square Footage 1,688
Acres 0.21
Year Built 1900
Type Commercial/Investment
Sub-Type Investment
Status Active

Community Information

Address 148 Highland Ave
Area N/A
City Middletown
County Middlesex
State CT
Zip Code 06457

Amenities

Utilities Electric Available
Parking Detached Garage, Driveway, On Street Parking
Garages Detached Garage, Driveway, On Street Parking
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Oil
Cooling None
Fireplace No
# of Stories 2

Exterior

Exterior Features Gutters, Sidewalk
Lot Description Sloping
Roof Asphalt Shingle
Construction Frame
Foundation Concrete

Additional Information

Date Listed June 22nd, 2022
Days on Market 2
Zoning R-15
RE / Bank Owned No

Listing Details

OfficeKW Legacy Partners

Listing Map

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