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146 Grove Street 146-148 Grove St 6 Unit Apartment Building $630,000 ($105,000/Unit) New Britain, CT 06053
Investment Highlights
- ACCESS & CONNECTIVITY
- VALUE-ADD POTENTIAL
- STRONG RENTAL DEMOGRAPHICS & DEMAND
- AREA AMENITIES & DEMAND DRIVERS
- OFF-STREET PARKING & DURABLE CONSTRUCTION
- QUALITY OF LIFE AMENITIES
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 146 Grove Street in New Britain, CT (the “Property”). The three-story building contains five (5) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1-Bathroom unit with 5,472 square feet of gross living area in 7,910 square feet of gross area. The Property is situated upon a 0.14-acre parcel and features four (4) offstreet parking spaces, comprised of over three (3+) surface spaces and one (1) garage space.
146 Grove Street is strategically located in New Britain, Connecticut, offering convenient access to the city’s downtown core, major employment centers, and established residential neighborhoods. The Property benefits from excellent regional connectivity via nearby Route 9, Route 72, and Interstate 84, providing direct access to Hartford, Waterbury, and other key employment and commercial hubs throughout Central Connecticut.
146 Grove Street is strategically located in New Britain, Connecticut, offering convenient access to the city’s downtown core, major employment centers, and established residential neighborhoods. The Property benefits from excellent regional connectivity via nearby Route 9, Route 72, and Interstate 84, providing direct access to Hartford, Waterbury, and other key employment and commercial hubs throughout Central Connecticut.
Property Facts
| Price | $630,000 | Building Class | C |
| Price Per Unit | $105,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 7,910 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 0.13/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | A2 | ||
| Price | $630,000 |
| Price Per Unit | $105,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,910 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 0.13/1,000 SF |
| Zoning | A2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NBRI-000006C-000000-C000126 | Improvements Assessment | $251,930 |
| Land Assessment | $43,750 | Total Assessment | $295,680 |
Property Taxes
Parcel Number
NBRI-000006C-000000-C000126
Land Assessment
$43,750
Improvements Assessment
$251,930
Total Assessment
$295,680
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146 Grove Street | 146-148 Grove St
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