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160 Main St
New Britain, CT 06051
Rao Building · Multifamily Property For Sale · 15 Units

INVESTMENT HIGHLIGHTS

  • Opportunity for 15-20% rental increases
  • Fully Restored Building - including new individual HVAC units in 2020, new roof in 2019, replacement windows, elevator
  • Upscale living in the heart of downtown New Britain
  • Upside Rent Potential

PROPERTY FACTS

No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.12 AC
Building Size 16,406 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1900/2017
Parking Ratio 0.61/1,000 SF
Zoning CBD - Commercial

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Fireplace
  • Microwave
  • Security System
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower

SITE AMENITIES

  • Security System
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 $1,152 750
2+1 7 $1,383 900
3+2 2 $1,745 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NBRI-000008B-000000-C000055
Land Assessment
$72,380
Improvements Assessment
$1,198,050
Total Assessment
$1,270,430
  • Listing ID: 30737688

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 160 Main St, New Britain, CT 06051

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