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Sold for $500,000 on 06/08/23
  • $500,000

    19 Spring Street, Middletown, CT 06457

    --beds
    0baths
    6,351sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $611,200 Zestimate®
    $79/sqft
    $1,713 Estimated rent

    Home value

    $611,200

    $562,000 - $666,000

    $1,713/mo

    Zestimate® history
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    $3,423/mo

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    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: June 13, 2023 at 02:48pm

    Listed by:

    Brendan Kelly 860-463-3326,

    Harding Commercial Real Estate 860-344-5551

    Bought with:

    Brendan Kelly, REB.0795159

    Harding Commercial Real Estate

    Brendan Kelly

    Harding Commercial Real Estate

    Source: Smart MLS,MLS#: 170554744MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas on Gas, Gas In Street
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Attic: None
    Interior area
    • Total structure area: 6,351
    • Total interior livable area: 6,351 sqft
    • Finished area above ground: 6,351

    Property

    Parking
    • Parking features: Paved
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 1015075
    • Zoning: B-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Middletown

    Price history

    DateEventPrice
    6/8/2023Sold$500,000-13%$79/sqft
    Source: Smart MLS #170554744
    5/18/2023Contingent$575,000$91/sqft
    Source: Smart MLS #170554744
    3/20/2023Listed for sale$575,000$91/sqft
    Source: Smart MLS #170554744
    3/13/2023Listing removed--
    Source: Smart MLS #170554744
    3/8/2023Listed for sale$575,000+325.3%$91/sqft
    Source: Smart MLS #170554744

    Public tax history

    Tax history is unavailable.

    Neighborhood: 06457

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $611,200
    2% more+ $12,224
    With Zillow Showcase(estimated)
    $623,424