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1145-1147 New Britain Ave 8 Unit Apartment Building $1,295,000 ($161,875/Unit) 6.02% Cap Rate West Hartford, CT 06110

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EXECUTIVE SUMMARY

Prime West Hartford Mixed-Use Investment Opportunity! Rarely available 8-unit mixed-use property situated in a high-traffic, visible location on New Britain Avenue. The building features significant recent upgrades, including a new roof, new gas burner, and a freshly paved parking lot. All residential units have been fully renovated with updated kitchens and bathrooms, providing strong tenant appeal and minimal deferred maintenance. The property offers an excellent unit mix, featuring Four 1-bedroom/1-bath, providing diverse rental options and steady occupancy. The commercial tenants - a lash studio, tattoo studio, Office and barbershop - are long-term and stable, contributing to consistent cash flow and reliable income. Ample off-street parking accommodates both residential and commercial occupants. Ample off-street parking is available for both residential and commercial occupants. This is an ideal opportunity for investors seeking a turnkey asset in a prime West Hartford corridor close to shopping, restaurants, and major commuter routes.

PROPERTY FACTS

Price $1,295,000
Price Per Unit $161,875
Sale Type Investment
Cap Rate 6.02%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 6,582 SF
No. Stories 3
Year Built 1932
Parking Ratio 1.52/1,000 SF
Zoning BC - Business Commercial

AMENITIES

UNIT AMENITIES

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WHAR-000014G-003771-001145
Land Assessment
$111,580
Improvements Assessment
$188,650
Total Assessment
$300,230
  • Listing ID: 38097968

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 1145-1147 New Britain Ave, West Hartford, CT 06110

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