Movoto Real Estate
Sold on 03/01/2023
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71 Spring St, Middletown, CT 06457

  • $373,000

    Last sold 03/01/2023 for $299K

  • 6

    bed

  • 3

    bath

  • 2,408

    Sqft ($124/Sqft)

Multi-family not for sale
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About 71 Spring St

Property type Multi-family
Year built 1899
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Property description
Amazing Investment opportunity in centrally located Middletown neighborhood, on the corner of Pearl and Spring streets. Close to Main St, shopping, restaurants, Wesleyan, and along the bus line. 15 min to Hartford 25 Min to New Haven. Currently utilized as a boarding house, renting out 8 units weekly at 100% capacity. Can easy be converted to (2) unit multi family. Each side has 3 bedrooms + a 2-room attic space (with closet and separate heating), kitchen, dining room, living room, enclosed porch, full bath (one side includes additional ½ bath), and full basement with room for storage. Living and dining rooms boast hardwood floors. Selling furnished. Separate Utilities for each side. Gas heat and HW (50gal upgraded tank on one side, 40 gal on other). Paved driveway can easily accommodate 3 cars, with additional off-street parking. Fence surrounds entire property, including backyard for privacy. Property sold as-is. ** 2 attic units provide an additional 382 SQ of living space each, with bedroom, separate sitting room, foyer, and separate heating
Listed by
Listing Agent - Sherry Ford-Lyman
Listing Office - Nimble Realty
Source: CONNECT MLS mls logo
MLS#170540228 • last updated 3 years ago
Movoto checked CONNECT MLS for data 10 minutes ago
Overview
Levels/Style Units Are Side-by-Side
Type Multi-Family For Sale
Virtual Tour N/A
SubType 2 Family
SqFt 2408
Lot Size (Acres) 0.12
Property Tax 5139
Property Condition No/Resale
Interior
Total # of Bathrooms 3
# of Full Baths 2
# of Half Baths 1
Total # of Bedrooms 6
Exterior
Exterior Vinyl Siding
Construction Frame
Driveway Paved
Lot Description Corner Lot
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Not Applicable
Elementary School Per Board Of Ed
High School Per Board Of Ed
APN 1004009
Directions GPS. Corner Of Pearl And Spring.
Multifamily Details
Gross Annual Income 76960
Net Operating Income 49230
$373K
Range: $343K-$402K
Last 30 days 
  • Mar 2023
    mls logo MLS # 170540228
  • Mar 2, 2023 Sold
    $299,000
  • Mar 2, 2023 Under Contract
  • Dec 26, 2022 Under Contract - Continue To Show
  • Dec 18, 2022 Listed
    $299,500 (+74.1%)
  • Mar 2023
    Public Records
  • Mar 2, 2023 Sold
    $299,000 (-0.2%)
  • Nov 2016
    Public Records
  • Nov 22, 2016 Sold
    $172,000 (-23.4%)
  • Jul 2008
    mls logo MLS # G492922
  • Jul 15, 2008 Expired
  • Apr 14, 2008 Listed
    $224,500 (+62.0%)
  • Dec 2007
    Public Records
  • Dec 20, 2007 Sold
    $138,600 (+38.6%)
  • May 2001
    Public Records
  • May 29, 2001 Sold
    $100,000
  • 71 Spring St
    $299K
  • 06457
    $334K +13% y/y
  • Middletown
    $359K -2% y/y
No chart available
Statistics calculated by Movoto

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  • Real Estate
  • CT
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  • 71 Spring St
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