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14 Beatty St 6 Unit Apartment Building $725,000 ($120,833/Unit) 7.26% Cap Rate New Britain, CT 06051
Investment Highlights
- 100% Occupied - Stable tenant
- Great unit mix
Executive Summary
Don't miss this exceptional turnkey investment opportunity! This well-maintained property features six spacious 2-bedroom, 1-bath units, each with separate, tenant-paid utilities. With a strong tenant base and historically low vacancy, it offers steady and reliable cash flow. Additional highlights include a private driveway with off-street parking. Conveniently located near downtown New Britain, major highways, public transportation, and local amenities, this property is highly attractive to renters seeking both comfort and accessibility.
Property Facts
| Price | $725,000 | Apartment Style | Low-Rise |
| Price Per Unit | $120,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 7.26% | Building Size | 5,178 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Parking Ratio | 1.16/1,000 SF |
| Zoning | T | ||
| Price | $725,000 |
| Price Per Unit | $120,833 |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,178 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | T |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | NBRI-000006D-000000-C000019 | Improvements Assessment | $236,320 |
| Land Assessment | $35,700 | Total Assessment | $272,020 |
Property Taxes
Parcel Number
NBRI-000006D-000000-C000019
Land Assessment
$35,700
Improvements Assessment
$236,320
Total Assessment
$272,020
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14 Beatty St
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