223 High St
New Britain, CT 06051
8 Unit in Little Poland | 29.5+% ROI · Multifamily Property For Sale · 8 Units
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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
The New Britain/Newington/Wethersfield Multifamily Property at 223 High St, New Britain, CT 06051 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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