NOT LISTED FOR SALE

38 Ward St Middletown, CT 06457

2 Beds
2 Baths
99,999 Sq Ft
2016 Built

Last Sold May 23, 2022

Last sale price $5,300,000 $53 Per Sq Ft

184 Days on Market

Highlights

  • 99,999 Acre Lot
  • Thermal Windows
  • Private Driveway
  • No HOA
  • Baseboard Heating
  • Coin Laundry

About This Home

As of May 2022

Investment Opportunity to start your portfolio in Middletown & New Britain! Portfolio consists of 3 buildings totaling 42 units. Each building has a parking lot and on-site laundry. OnWard building in Middletown was built in 2016. It consists of 8: 2 bedroom & 4: 1 bedroom. Each unit has its own parking. Red Maple Apartments and Farmington Ave. apartments are both brick buildings located in New Britain. Red Maple Apartments consists of 18: 1 bedroom units, each with their own parking. Farmington Ave Apartments was completely renovated in 2017. The building consists of 12 units, 9: 1 bedroom & 3: studios. Each unit has its own parking. Don't miss this opportunity to build your portfolio in two of CT's flourishing towns! Call /email for financials.

Last Listed By

Stefania Bramato

Berkshire Hathaway NE Prop. License #RES.0797391 Listed on: 07/06/2021

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,839

Year Built

  • Built in 2016

Lot Details

  • 99,999 Acre Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 99,999 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Parking

  • 24 Car Garage
  • Private Driveway
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Propane

Community Details

Overview

  • No Home Owners Association
  • 42 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,839

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 99999
  • Public Record Living Room Sq Ft: 11748
  • Total Sq Ft: 99999
  • Year Built: 2016
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 12508
  • Tax Year Updated Dt: 07/12/2021
  • Directions: GPS
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Laundry Room Info: Coin Op Laundry, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 38

Exterior Features

  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Lot
  • Garages Number: 24
  • Driveway Type: Private, Asphalt

Utilities

  • Cooling System: Wall Unit, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Propane
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 99999.0000
  • Lot Description: N/A
  • Zoning: B-2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 33839
  • Total Assessed Value: 769070
  • Mil Rate Base: 35.800
  • Mil Rate Tax District: 8.400
  • Mil Rate Total: 44.000
  • Assessor Parcel Number: 1011516

Multi Family

  • Total Num Of Units: 42

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $5,300,000 -7.0% $53 / Sq Ft
01/10/2022 01/10/22 For Sale $5,700,000 +7.5% $57 / Sq Ft
01/07/2022 01/07/22 Off Market $5,300,000 -- --
01/06/2022 01/06/22 Pending -- -- --
07/06/2021 07/06/21 For Sale $5,700,000 0.0% $57 / Sq Ft
09/01/2017 09/01/17 Rented $999 0.0% --
07/27/2017 07/27/17 Under Contract -- -- --
07/18/2017 07/18/17 For Rent $999 -16.8% --
05/20/2017 05/20/17 Rented $1,200 0.0% --
04/28/2017 04/28/17 Under Contract -- -- --
04/03/2017 04/03/17 Price Changed $1,200 -14.3% $1 / Sq Ft
10/28/2016 10/28/16 For Rent $1,400 0.0% --
08/15/2016 08/15/16 Rented $1,400 0.0% --
08/11/2016 08/11/16 Under Contract -- -- --
05/17/2016 05/17/16 For Rent $1,400 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170419061

SmartMLS