40 Dewey Street

New Britain, Connecticut 06051

Status
For Sale
Square Feet
6,018
Beds
14
Price
$699,000
Type
Multi-Family For Sale
Garages
Baths
6
MLS
24097416

Price

$699,000

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Interior Details

Interior Size
6,018 Sq Ft
Bedrooms
14
Bathrooms
6
Rooms Total
Garage

Exterior Details

Lot Size
0.20 Acres
Roof
Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$12,493
Assessed Value
$315,560
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

CASH FLOW! 9.8% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator!
Listed by Century 21 AllPoints Realty, Molly Sullivan. Data sourced from SmartMLS

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