About 19 Spring Street
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
Features of 19 Spring Street
| MLS® # | 170554744 |
|---|---|
| Price | $500,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,351 |
| Acres | 0.10 |
| Year Built | 1925 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Status | Closed |
Community Information
| Address | 19 Spring Street |
|---|---|
| Area | N/A |
| City | Middletown |
| County | Middlesex |
| State | CT |
| Zip Code | 06457 |
Amenities
| Parking | Paved |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Gas on Gas, Gas In Street |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | City Views |
| Roof | Other |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | March 8th, 2023 |
|---|---|
| Days on Market | 413 |
| Zoning | B-1 |
| RE / Bank Owned | No |
Listing Details
| Office | Harding Commercial Real Estate |
|---|