$245,000
$259,999
5.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,300 SqFt
SOLD DATE : 10/29/2020
Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $106
MLS Listing ID 170337674
Sold Date 10/29/20
Style 4updown - Unit(s) per Floor
Bedrooms 4
Full Baths 4
Year Built 1914
Annual Tax Amount $5,437
Lot Size 8,276 Sqft
Property Sub-Type 4 Family
Property Description
New Britain 4-family. The numbers work on this one for an investor looking for an addition to their portfolio or for an owner occupant. This property has provided consistent cash flow over the years because of very low vacancy rate, low maintenance costs, low water/sewer costs, and tenant paid heat/hot water/electricity. All units are 1-bed, 1-bath and have the same layout. 3 of the 4 units are rented and the non occupied unit has been renovated making it easy to attract a tenant at top dollar rent or for an owner occupant to enjoy. There have been significant upgrades which include a state/city compliant fire alarm system, new sewer line, freshly painted exterior, and upgrades to the interior of the units. Separate utilities. Ample off-street parking for tenants. Freshly painted and updated common area.This is unique opportunity to get a currently stable & producing property w/ upside potential.
Location
State CT
County Hartford
Zoning I2
Rooms
Basement Unfinished
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Paved, Driveway, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Brick, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Michael P. Doherty • Berkshire Hathaway NE Prop.
