The beautiful and classically designed mixed use property at 138 Washington Street in Middletown is now being offered for sale. The property generates heavy cash flow over 9 total units and approximately 7,193sf. Property financials are available upon request with a signed non-disclosure agreement. Please email Brendan Kelly at brendan@hardingdevelopment.com to receive the NDA for signature. Call or email Brendan Kelly with questions. Cell (860) 463-3326. Property highlights include: • Property being offered at an 8.3 cap rate • 9 total units consisting of 2 ground floor retail units, 6 one-bedroom apartments and one studio apartment. • Zero vacancy and heavy cash flow. • Separately metered electricity and gas for each unit. • Value add potential through apartment upgrades to achieve higher rents. • Exterior recently painted. • Common hallways recently recarpeted. • All hot water heaters replaced within the past year or two. • Property offers popular no-car downtown live+work+play lifestyle in a walkable city. • Potential expansion with the construction of 3 additional units. (Plans available upon request) • Ground floor retail units can be converted to apartments at lease expiration to take advantage of ongoing supply constraints. • Expansive parking lot offers significantly more spaces than necessary allowing additional income generation through space rental (city rates are $80+ per month per space).