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35 Summer Street, Portland CT 06480

Current Price: $554,900

5 beds 5 baths 4535 sq. ft

Last Update: 6/24/2025

Property Type: Multi-Family For Sale

Public Remarks

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 youre 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.

Map to Property at 35 Summer Street, Portland CT 06480


GPS friendly.

Residential Property Information for 35 Summer Street, Portland CT 06480

MLS #: 24102425

Style: Other

Color:

Total Rooms:

Bedrooms: 5

Bathrooms: 5

Acres: 1.23

Year Built: 1924 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $10,855

Zoning: R10

Mil Rate:

Assessed Value: $316,470 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 4535; below grade sq feet total is 0; total sq ft is 4535

Features
Laundry Location & Info: Washer/Dryer All Units  Off of kitchen
Fireplaces: 2
Basement Desc.: Partial,Unfinished,Storage,Partial With Hatchway
Exterior Siding: Vinyl Siding
Exterior Features: Gazebo,Barn,Deck,Gutters,Garden Area
Foundation: Concrete,Stone
Roof: Asphalt Shingle,Gable
Garage/Parking Type: None
Swimming Pool: 0
Waterfront Feat.: Walk to Water
Lot Description: Level Lot
Nearby Amenities: Golf Course,Park,Putting Green,Shopping/Mall
Occupied: Owner
Utility Information

Hot Water System

Heat Type:

Fueled By: Baseboard,Hot Water.

Cooling: Ductless,Split System

Fuel Tank Location: Above Ground

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Portland

Marketing History

Current List Price: $554,900

Original List Price: $554,900

DOM: 12

Listing Date: 6/12/2025

Last Updated: 6/12/2025 1:06:14 PM

Listing Agent and Broker

List Agent Name: Olivia Crable

List Office Name: Berkshire Hathaway NE Prop.