Summer Street
Portland, Connecticut
$554,900 Price
5 Bedrooms  

Contract Signed

Looking for a multi-family property with built-in rental income potential? This unique opportunity in Portland offers two separate residences on 1.23 level, fenced acres, tucked in a quiet neighborhood just minutes from downtown, golf, and the Connecticut River. The main residence spans 3,620 sq ft and features 4 bedrooms,...

Looking for a multi-family property with built-in rental income potential? This unique opportunity in Portland offers two separate residences on 1.23 level, fenced acres, tucked in a quiet neighborhood just minutes from downtown, golf, and the Connecticut River. The main residence spans 3,620 sq ft and features 4 bedrooms, 3.1 bathrooms, and significant updates throughout-including a new roof (2014), a propane boiler with on-demand hot water (2025), and energy-efficient mini splits. The kitchen and dining area open to a composite deck added in 2024, leading to a screened-in gazebo with electricity-perfect for relaxing or entertaining. The second home is a 915 sq ft Ranch-style residence with its own entrance, 1 bedroom, 1 full bath, and an open-concept layout. Whether you're looking to generate passive income, house extended family, or occupy one unit and rent the other, the setup is ready for flexible use. The property also includes a barn/workshop with electricity and lofted storage-great for additional storage or creative use. Well cared for and improved over the last 16 years, this property combines historic charm with income-producing potential-ideal for owner-occupants, investors, or multi-generational living.

Listing courtesy of Berkshire Hathaway Ne Prop

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Portland, Connecticut
Type: House
Price: $554,900
Re Tax: $10,855
Last Updated: 6/25/2025
Approx. sqft: 4,535 sf
Web ID: 24102425

Info & Amenities

Type: Multi Family
Rooms: 13.0
Bedrooms: 5
Bathrooms: 5.0
Built: 1924
Woodburning fireplaces: 2