Portland CT Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Lot size:
0.3 Acres
Year built:
1872
Baths:
3.00
MLS#:
24059966
Subdivision:
N/A

ADDITIONAL INFORMATION

This property was purchased as part of an investment portfolio and is too far from the seller's other properties. His loss is your gain! This year there has been all new windows installed, a new roof, and gutters are being installed currently. The entire downstairs first floor apartment has been gutted and renovated. Many updates were made to the 2 other apartments including finishing the attics for additional living space. The rents are all market value, and the tenants are responsible for their own utilities. This is a great investment! This property is being sold "As Is".

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.75 Acres
Year built:
1900
Baths:
2.00
MLS#:
24025948
Subdivision:
N/A

ADDITIONAL INFORMATION

83 Airline Avenue is two-family home in a quiet Portland neighborhood ready for new ownership. The larger unit consists of 4 bedrooms, one full bathroom, and two large living areas. The smaller unit is a 1-bedroom suite, full bathroom, and large living room. Each unit has its own laundry, and the utilities are completely separate, including individual furnaces, oil tanks, and electrical panels. There is a large yard, big enough to accommodate all types of outdoor activities. The home is sold as-is and will only go for cash or conventional financing. The home is a great income-producing investment for a landlord or an owner-occupied home to help cover the costs of ownership.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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Portland Real Estate

The median home value in Portland, CT is $316,300. This is lower than the county median home value of $369,500. The national median home value is $338,100. The average price of homes sold in Portland, CT is $316,300. Approximately 72.13% of Portland homes are owned, compared to 17.29% rented, while 10.59% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!

Portland, Connecticut 06480 has a population of 9,459. Portland 06480 is more family-centric than the surrounding county with 33.88% of the households containing married families with children. The county average for households married with children is 27.85%.

The median household income in Portland, Connecticut 06480 is $107,034. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Portland 06480 is 41.3 years.

Portland Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 47.5 inches per year, with 34.7 inches of snow per year.

Portland Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    30
    30-day change

Portland Schools and Demographics

Education near Portland, CT

Metric City County
High School Graduates 93.36 94.99
College Degree - 2 year 9.22 9.43
College Degree - 4 year 46.87 43.62
Graduate Degree 11.58 14.16
Expenditures per Student 25,271 25,271
Students per Teacher 11.5 11.5

Elementary Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Bielefield School KG - 06 309 13.6 06457
Edna C. Stevens School PK - 02 466 13.2 06416
Farm Hill School KG - 05 372 13.3 06457
Gildersleeve School 03 - 04 193 13.9 06480
Memorial School PK - 03 605 14.5 06424
Nayaug Elementary School KG - 05 550 12.6 06073
Snow School PK - 05 405 16.1 06457
Spencer School KG - 05 299 13.8 06457
Valley View School PK - 02 313 14 06480
Woodside Intermediate School 03 - 05 481 15.4 06416

Middle Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Brownstone Intermediate School 05 - 06 214 13.4 06480
Center School 04 - 05 283 13.7 06424
Cromwell Middle School 06 - 08 455 11.6 06416
East Hampton Middle School 06 - 08 432 11.5 06424
Keigwin Middle School 06 - 06 360 15.1 06457
Portland Middle School 07 - 08 239 12.3 06480
Woodrow Wilson Middle School 07 - 08 645 11.4 06457

High Schools near Portland, CT

School Grades Students P/T Ratio ZIP
Cromwell High School 09 - 12 566 12.2 06416
East Hampton High School 09 - 12 502 11.7 06424
Middletown High School 09 - 12 1,197 12.6 06457
Portland High School 09 - 12 369 12.3 06480
Walter G CADY School 08 - 12 101 06457

Ungraded Schools near Portland, CT

School Grades Students P/T Ratio ZIP
* Evening Program - MHS 09 - 12 24 06457
* MHS - Alternative Education Program 1 09 - 12 8 06457
* MHS - Alternative Education Program 2 09 - 12 11 06457
* Middlesex Transition Academy 12 - 12 19 9.5 06457
* Riverview School 07 - 12 61 06457
* Transition To Life Center 11 - 12 26 18 06457
* Vinal Technical High School 09 - 12 630 10.1 06457
* Virtual Learning Academy - MHS 09 - 12 9 06457

Demographics near Portland, CT 06480

Metric Zip Code City
Neighborhood Type Small town
Population 9,459 164,568
Population Density 405 446
Median Age 41.3 45.9
People per Household 2.6 2.3
Median Household Income 107,034 90,833
Average Income per Capita 49,120 48,670