$2,175,000

123 Burgundy Hill Lane, Middletown, CT 06457

  • 1 bed |
  • 1 bath |
  • 11,098 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $196/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Portfolio of 18 rental condo units in the Peppermill Village association in Middletown. All units rented, this turnkey investment portfolio offers immediate cash flow. Current Gross Rents of $285k. 13x 1-bedroom units, 4x 1-bedroom w/loft units, and 1x 2-bedroom unit. HOA includes water, sewer, trash, landscape, Snow removal. Tenants responsible for electric utility.

Listing Status:
Pending
Date Added:
September 10, 2025
Data Last Updated:
March 28, 2026 at 4:50AM
Listing Office:
Brickwell Partners LLC : (203) 489-6879
Listing Agent:
Travis Bowden : (860) 301-0672
MLS ID:
24125674
  • Laundry: Common Laundry Area
  • Basement: None
  • A/C: Wall Unit
  • Heating: BaseboardElectric
  • Style: Units on different FloorsOther
  • Roofing: Asphalt Shingle
  • HOA Amenities: Grounds MaintenanceTrash PickupSnow RemovalWaterSewerProperty ManagementPest ControlInsurance5604.0Monthly
  • County: Middlesex
  • Zoning: PRD-21006121
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Travis Bowden , Brickwell Partners LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lawrence School

Kaplan Dr, Middletown, CT, 06457

Grades KG-5

1.05 miles away

W

Woodrow Wilson Middle School

370 Hunting Hill Ave, Middletown, CT, 06457

Grades 7-8

4.79 miles away

M

Middletown High School

200 La Rosa Ln, Middletown, CT, 06457

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.