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".
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.
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.
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.