240 Washington Street

New Britain, Connecticut 06051

Status
For Sale
Square Feet
6,353
Beds
10
Price
$875,000
Type
Multi-Family For Sale
Garages
Baths
8
MLS
24107812

Price

$875,000

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Interior Details

Interior Size
6,353 Sq Ft
Bedrooms
10
Bathrooms
8
Rooms Total
Garage

Exterior Details

Lot Size
0.26 Acres
Roof
Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$14,059
Assessed Value
$355,110
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Fantastic investment opportunity in Little Poland neighborhood with value add potential! 2 properties, 1 parcel. Front building is a 6 unit brick asset with 4,905 SF - all 1 bed units. Rear building is a 2 family with 1,448 SF - both 2 bed units. 100% Occupied! Both buildings offer separate and tenant paid utilities - gas heat, hot water and cooking + electric. Some renovations throughout with hardwood floors and unit renovations. Overall well maintained assets. There is also off-street parking for both buildings. Rents are way below market = BIG UPSIDE 13% ROI pro-forma. Amazing location with a short walk to Broad St and all Little Poland has to offer. Do NOT walk the property without an appt.
Listed by Oxford Realty, Amanda Faroni-Sheehan. Data sourced from SmartMLS

Schedule Showing