Price Reduced 14.06%

$275,000 ($127.43 per sqft)

Under Contract

Est. Mortgage $1,462/mo *

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Price History

$320,000
7/11/2024

$299,000
8/5/2024

$275,000
8/29/2024

7 Spring Street, Middletown, CT, 06457

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10 rooms

4 beds

2 Half baths

1850

Units on different Floors

2,158 sqft

Investor, owner occupied or multi-generational family living in this spacious home in the heart of Middletown. The current owners purchased this historic property 40 years ago and converted what was then a 2 family home into their office space. The B1 zoning includes opportunity and enterprise zones allowing for many possibilities including single family home, multi family home(Wesleyan University is less than a mile away)and urban care living units amongst other possibilities. This flexible space with 3 separate entrances including front, rear with ramp and a second floor separate entrance offering endless possibilities. The spacious living area features abundant natural light highlighting the period details including wide board floors, exposed beams and fireplaces. Newer gas furnace and hot water heater installed in 2021. There is a spacious parking area adjacent and included with this property that can park 10 plus cars. This parking area may be sub dividable (zone B-1, Class C structure-any proposed uses would have to conform with parking requirements-see attachment). The proximity to Rt. 9, the Arrigoni Bridge, many fabulous restaurants, bars and coffee shops is the icing on the cake. Please note no kitchen or full baths on either floor as this was being used as office space for a private practice. Cash buyer preferred-if seeking a mortgage, would likely require renovation loan.

Status:

Under Contract

Type:

Multi-family

Units:

Zoning:

B-1

Garage:

None, Off Street Parking

Heating:

Hot Air

Cooling:

Central Air

Basement:

Partial, Unfinished, Concrete Floor

Parking:

10-car

Acreage:

0.17

Est. Taxes:

$5,047

Assessment

$137,140

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24031961

Community Info

School Info

Walk Score

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Gregg Leonard

$275,000 ($127.43 per sqft)

Price History

7 Spring Street, Middletown, CT, 06457

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