Willow Townhouses 140 Daly Ave 10 Unit Apartment Building $1,650,000 ($165,000/Unit) 7% Cap Rate New Britain, CT 06051

Presenting a rare investment opportunity of two fully improved multi-family buildings—140 Daly Ave and 181 Willow Street—situated on the same tax parcel, offering a total of 10 residential units and 10 garages. The three family at 140 Daly Ave has been completely gut renovated with high-end finishes. Each unit features washer/dryer hookups as well as its own tenant-paid gas furnace, with blown-in insulation, updated electrical systems, newer roof and windows, and a fully integrated fire alarm system with annunciator. A detached 3-car garage adds further value. 181 Willow Street offers 7 townhouse units which includes five units that have been fully renovated to a high-end standard, with major capital improvements throughout. Every unit is equipped with a brand new mini-split HVAC system and a high-efficiency heat pump hot water heater. All units have individual water and sewer meters, with tenants responsible for all utilities. Each unit also includes washer/dryer hookups as well as its own private garage and balcony. Daly Apartments is located in the eastern section of New Britain within approximately 1 mile of Central Connecticut State University, 3 miles of West Farms Mall and Downtown New Britain, only 1.1 miles away. Newington, to the east, is only 1.5 miles away. The neighborhood is mixed use in nature with commercial, retail, industrial and residential uses within close proximity. Highway access is located within 1/8th of a mile via Rt. 9 &72 making for a desirable and convenient location within New Britain. With premium upgrades, separate utilities, and modern mechanicals, this turnkey property offers excellent cash flow potential and long-term value for any investor. Owner is a licensed Real Estate Agent.