19 Spring Street

Middletown, CT 06457

$500,000
Last Sold Price
Beds
6,351 Sq. Ft.
$79 / Sq. Ft.
6,351
Sq. Ft.
$79
per Sq. Ft.

Description

19 Spring Street is a fully occupied multi-family investment property located in Middletown, Connecticut. This six-family apartment building is comprised of six one-bedroom units over three floors. Tenant rents are currently well below market and due for an increase. Four of the six tenants have lived at the property for a minimum of six years. The sellers reside locally and have taken good care of the property. The building is located on the edge of Middletown's award-winning downtown with a grocery...19 Spring Street is a fully occupied multi-family investment property located in Middletown, Connecticut. This six-family apartment building is comprised of six one-bedroom units over three floors. Tenant rents are currently well below market and due for an increase. Four of the six tenants have lived at the property for a minimum of six years. The sellers reside locally and have taken good care of the property. The building is located on the edge of Middletown's award-winning downtown with a grocery store, fitness center, public library and so much more, all within a few blocks. Financials available upon request. There is a possible development opportunity with the neighboring commercial property at 7 Spring St also being for sale by different owners MLS# 170543968
  1. Listed by Brendan Kelly • Harding Commercial Real Estate
    P: (860) 301-7646 C: (860) 4633326 brendan@hardingdevelopment.com

Property Details for 19 Spring Street

Basement Description
Full With Walk-Out
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Garage Parking Info
Paved
Swimming Pool
No

Location

Listing Courtesy of Harding Commercial Real Estate, Brendan Kelly

Sold By Harding Commercial Real Estate, Brendan Kelly; Harding Commercial Real Estate, Brendan Kelly

Add your commute
LISTING UPDATED: 06/13/2023 09:48 PM

Property Details for 19 Spring Street

StatusClosed
MLS #170554744
Days on Market58
Taxes$8,349 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1925
Lot Size0.10 AC / 4,356 SF
CountyMiddlesex County

Location

Listing Courtesy of Harding Commercial Real Estate, Brendan Kelly

Sold By Harding Commercial Real Estate, Brendan Kelly; Harding Commercial Real Estate, Brendan Kelly

Add your commute

Building Information for 19 Spring Street

Stories-Residences6Year Built1925Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$3,424 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$696

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19 Spring Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.566017
  • Longitude: -72.654175
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Property Tax: $8,349
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Gas on Gas
  • Attic YN: No
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Masonry
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 8632
  • New Construction Type: No/Resale
  • Roof: Other
  • Year Built: 1925
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 6351
Lot Information
  • Lot Description: City Views
  • Parcel Number: 1015075
  • Sq Ft Est Heated Above Grade: 6351.0
  • Sq Ft Total: 6351.0
  • Zoning: B-1
Utilities
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Total Number of Units: 6
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 0

Property History for 19 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19 Spring Street

Taxable ValueLand$20,130Additions$220,190Total$240,320
Tax Record2023$8,435 ($703 / month)
Home Facts
Total Finished SqFt6,351 SqFtAbove Grade Finished SqFt6,351 SqFtStories3Lot Size4,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningB-1CountyMIDDLESEXAPNMTWN M:22 L:0079

Schools near 19 Spring Street

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Macdonough School
PublicK to 5

Beman Middle School
Public7 to 8

Middletown High School
Public9 to 12

Icm - Spencer
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Harding Commercial Real Estate, Brendan Kelly

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.