$ 575,000.00
- Property ID: 27440
- Post Updated: 2023-03-08 19:16:59
- Status: Available
- Area: 6351 sq ft
- Lot size: .1 sq ft
- Year built: 1925
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 store, fitness center, public library and so much more, all within a few blocks. There is a possible development opportunity with the neighboring commercial property at 7 Spring St also being for sale. Financials available upon request.
Please call with any questions or to set up a showing
Brendan Kelly
Cell: (860) 463-3326
Office: (860) 344-5551
brendan@hardingdevelopment.com