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Located on the edge of downtown Middletown, Spring Street is a quiet one-way street with a dedicated bike lane. Positioned on the corner of Spring Street and Rome Avenue, 32-34 Spring Street is a classic brick duplex with symmetrical front porches and timeless curb appeal. Each unit features a private front entrance that leads into a spacious living room, accented by an elegant central staircase. The second floor features three bedrooms, while the staircase continues to a third floor providing approximately 714 square feet of partially finished space, ideal for additional bedrooms, office space, or family rooms. The main level of each unit includes a rear kitchen with access to an enclosed porch and a dining room facing Spring Street, creating a functional and comfortable layout. Unit 34 Spring Street features a newly renovated kitchen and a finished lower level with a half bath and walkout access to a patio. Unit 32 Spring Street is unoccupied and unfinished, offering an excellent opportunity for customization. The property allows flexibility to create a large single residence or explore conversion into multiple units, subject to approvals. Also included in the sale is 12 Rome Avenue, which offers a renovated one-bedroom apartment with an enclosed porch situated above an oversized two-car garage. The garage presents potential for additional use or future expansion. Property being sold "AS IS".
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William Raveis Real Estate
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Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $756 | $756 | $756 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,271 | $2,395 | $3,189 |
| Total Monthly Payment | $3,102 | $3,226 | $4,020 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.