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152-160 Tremont St
New Britain, CT 06051
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 15,393 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 1.56/1,000 SF |
| Lot Size | 0.44 AC | ||
| Zoning | T Residential | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 15,393 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | T Residential |
ABOUT 152-160 TREMONT ST , NEW BRITAIN, CT 06051
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 152-160 Tremont Street in New Britain, Connecticut. The property consists of 12 spacious three-bedroom / one-bath apartments (average size - 1,125 square feet). All units are separately metered for heat, hot water, and electricity. Individual, gas-fired boilers located in the basement provide baseboard heat. Both brick buildings were constructed in 1925, and the combined lot size of the two adjacent properties is 0.44 of an acre. There is on-site parking for two vehicles per unit (in tandem) in behind the buildings, and all apartments have washer/dryer hookups in unit. The property features recent upgrades and improvements leaving very little deferred maintenance. Both buildings have updated vinyl windows. There was also a new roof installed at 152 Tremont in 2018, and the rear stair of 160 Tremont was reconstructed in 2017. The parking lot was repaved in 2016. 152-160 Tremont Street is conveniently located in close proximity to transit, local shopping, and major area employers. The property is less than five minutes from Connecticut Route 9 providing ease of access to Connecticut Route 5-15 (Merritt Parkway) Interstate 91 and Interstate 84. Tremont Street is less than 15 minutes from UConn Health, United Technologies, Stanley Black & Decker, and The Jackson Laboratory for Genomic Medicine. The subject property is also a 20 minute drive from Hartford's CBD, home to employers including: Traveler's, Aetna, The Hartford, Saint Francis Hospital, Hartford Hospital, and more. At three quarters of a mile to downtown New Britain, 152-160 Tremont Street is walkable to shopping and transit. Marshalls, Dunkin' Donuts, Taco Bell, McDonald's, Rent-A-Center, and Advance Auto Parts provide retail shopping nearby. Additionally, the CTFastrak Station is one mile from 152-160 Tremont.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 12 | $942.50 | 1,100 - 1,150 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $701,050 | |
| Land Assessment | $76,580 | Total Assessment | $777,630 |
PROPERTY TAXES
