NOT LISTED FOR SALE
-- Bed
-- Bath
6,351 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: June 8, 2023

Last sale price $500,000 $79 Per Sq Ft

66 Days on Market

About This Home

As of June 2023

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

Last Agent to Sell the Property

Brendan Kelly

Harding Commercial Real Estate License #REB.0795159 Listed on: 03/08/2023

Last Buyer's Agent

Brendan Kelly

Harding Commercial Real Estate License #REB.0795159 Listed on: 03/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,349

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Masonry Siding
  • Masonry

Interior Spaces

  • 6,351 Sq Ft Home
  • City Views

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Gas Available at Street

Community Details

  • No Home Owners Association
  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,349

Year Built

Built in 1925

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 6351
  • Public Record Living Room Sq Ft: 6351
  • Total Sq Ft: 6351
  • Year Built: 1925
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8632
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Basement Description: Full With Walk-Out
  • Attic: No

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Swimming Pool: No
  • Construction Description: Masonry

Garage/Parking

  • Garage Parking Info: Paved

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1000
  • Lot Description: City Views
  • Zoning: B-1

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8349
  • Mil Rate Base: 35.700
  • Mil Rate Tax District: 8.300
  • Assessor Parcel Number: 1015075

Multi Family

  • Total Num Of Units: 6

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jun 5, 2023
Sold by
Bought by
Seller's Agent
Brendan Kelly
Harding Commercial Real Estate
Buyer's Agent
Brendan Kelly
Harding Commercial Real Estate
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Views
235

Purchase Details

Closed on
Apr 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1994
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Available
$135,211 --
-- --
-- --
$300,000 --
$206,700 --
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,203,750
Previous Owner $104,500
Previous Owner $104,500
Closed $230,000
Previous Owner $1,260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $500,000 -13.0% $79 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $575,000 +15.0% $91 / Sq Ft
03/12/2023 03/12/23 Off Market $500,000 -- --
03/08/2023 03/08/23 For Sale $575,000 -- $91 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,348 $240,320 $20,130 $220,190
2024 $8,844 $240,320 $20,130 $220,190
2023 $8,435 $240,320 $20,130 $220,190
2022 $8,349 $189,760 $17,500 $172,260
2021 $8,349 $189,760 $17,500 $172,260
2020 $8,434 $190,810 $17,500 $173,310
2019 $8,472 $190,810 $17,500 $173,310
2018 $8,338 $190,810 $17,500 $173,310
2017 $8,824 $208,120 $17,500 $190,620
2016 $8,575 $208,120 $17,500 $190,620
2015 $8,242 $208,120 $17,500 $190,620
2014 $8,325 $208,120 $17,500 $190,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170554744

SmartMLS
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