41 Spring Street

Investors & owner-occupants alike-take notice! This multi-family property sits in the heart of downtown Middletown, just minutes from Route 9 & seconds from the city's Main Street, offering easy access to shopping, dining & local amenities. Endless potential awaits the right buyer. Located on the edge of downtown Middletown, Spring St. is a quiet one-way street with a dedicated bike lane. The property is being sold as is, with inspections for informational purposes only. The 1st-floor unit will be delivered vacant, making it ideal for an owner-occupant & was fully renovated in 2020 featuring a modern kitchen with updated cabinetry, stainless appliances, new countertops & new flooring . The laundry area is conveniently located just off the kitchen. A recently renovated full bathroom is nearby. The living room and dining room are just steps away and both lead to two comfortable bedrooms. The 2nd-floor unit offers a similar layout and includes two bedrooms, a living room, dining room, kitchen with laundry, and a full bathroom. This unit also features a front-facing deck, adding great outdoor space. The 3rd-floor unit is smaller & functions more like a studio. It includes an eat-in kitchen, a living room/bedroom combination & a small bonus side room. Laundry hookups are also available in this unit. Updates include a new roof & gutters 2021. The 1st and 2nd floors are heated by gas, while the 3rd floor has electric heat. The property also features a detached 2-car garage. breakdown -- please note *** rents are way below market value because they have been there for a long time period the new owner is most likely going to increase them or remove the tenants as they are purposely month to month for that reason *** 3rd floor 1/1, (occupied) $795 (month to month- been there over 8 years) 2nd floor 2/1, (occupied)$1,000 this renter also rents both garage bays. (Month to month - Been with us over 5 years) also helps with plowing and yard maintenance. 1st floor - owner stays there but it will convey vacant