More about this Property
If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!
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
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.
GPS friendly.
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
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 |
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
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Portland
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
List Agent Name: Olivia Crable
List Office Name: Berkshire Hathaway NE Prop.