136 Main St | New Britain, CT 06051
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- LoopNet Team
136 Main St
New Britain, CT 06051
Boutique Luxury Mixed-Use With Strong NOI · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- The Andrews is in a rapidly growing area experiencing revitalization and economic development, making it an attractive investment opportunity.
- Features 20 luxury one-bedroom apartments and a 2-story 6,500 retail suite leased to an experienced restaurateur, ensuring diversified income streams.
- Situated just minutes from major routes 9 and 72, and two blocks from the CTfastrak station, providing excellent connectivity to Downtown Hartford.
- Underwent a multimillion-dollar restoration in 2021, blending Beaux-Arts architectural charm with modern luxury, including smart technology.
- Located in a robust rental market with over 50% of the population within a 3-mile radius renting, coupled with a local population of 158,832.
- Area benefits from substantial public and private sector investments, which are driving job creation and further economic growth.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
PROPERTY TAXES
| Parcel Number | NBRI-000008B-000000-C000053 | Improvements Assessment | $1,621,130 |
| Land Assessment | $104,090 | Total Assessment | $1,725,220 |
PROPERTY TAXES
Parcel Number
NBRI-000008B-000000-C000053
Land Assessment
$104,090
Improvements Assessment
$1,621,130
Total Assessment
$1,725,220
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