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223 High St
New Britain, CT 06051

8 Unit in Little Poland | 29.5+% ROI · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • All Units Renovated
  • Flooring, Fixtures & Paint
  • Ample Off-Street Parking
  • Newer Kitchens & Baths
  • Updated Electrical | Separate & Tenant Paid
  • Can be purchased as part of a 26 unit portfolio in New Britain, ask for more info.

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 7,215 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900

ABOUT 223 HIGH ST , NEW BRITAIN, CT 06051

Don’t miss out on this opportunity to own a rarely available 8 unit, turn key investment property in Little Poland, New Britain with an actual 12+% CAP rate and 29.5% ROI. The property consists of two properties on one parcel: a 6 unit property with all 1 bed/1 bath units + a 2 family in the rear with (2) 2 bed/1 bath units. The properties are 100% occupied with historically low vacancy. All of the units have been renovated with newer kitchens and baths + flooring, fixtures and paint. The utilities are separate and tenant paid – gas heat and hot water + updated electrical which is also separate and tenant paid. The siding and brick are in good condition and there are replacement thermopane windows throughout. There is off-street parking at the side and rear of the properties. This is a great, turn key investment in Little Poland Won’t last! This can also be purchased as part of a 26 unit portfolio in New Britain, please ask LA for more info.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
2+1 2 - -

ZONING

Zoning Code A2
  • Listing ID: 18907029

  • Date on Market: 3/18/2020

  • Last Updated:

  • Address: 223 High St, New Britain, CT 06051