Rare opportunity to purchase up to 2 detached 1-Car Garages in The Meadow's condo complex in Middletown, CT. The pricing for this offering is for a freestanding single 1-Car Garage purchase. Each garage has its own metered power available. The HOA fees are $51/mo. Per unit, and annual taxes are $95/yr per unit (including both the Westfield Fire District tax and City of Middletown property taxes). The Seller is firm on pricing. Want a deal? If you purchase both 1-Car Garages together, the combined purchase is eligible for a $1, 000 discount ($500 each). Each of these garages is currently rented for $185/mo. On a month-to-month basis. The tenants would like to continue to rent if you don't want to occupy immediately. There are no residency requirements for the ownership of these garages, so you can continue to rent to others (Yield, if both units are purchased, is 7.371%), OR you can purchase and use them yourself. The adjacent unit is G4. If a Buyer wants only one garage, they must purchase the G-4 (the end unit).
