This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
223 High St
New Britain, CT 06051
8 Unit in Little Poland | 29.5+% ROI · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- All Units Renovated
- Flooring, Fixtures & Paint
- Ample Off-Street Parking
- Newer Kitchens & Baths
- Updated Electrical | Separate & Tenant Paid
- Can be purchased as part of a 26 unit portfolio in New Britain, ask for more info.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 7,215 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1900 |
| Zoning | A2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 7,215 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | A2 |
ABOUT 223 HIGH ST , NEW BRITAIN, CT 06051
Don’t miss out on this opportunity to own a rarely available 8 unit, turn key investment property in Little Poland, New Britain with an actual 12+% CAP rate and 29.5% ROI. The property consists of two properties on one parcel: a 6 unit property with all 1 bed/1 bath units + a 2 family in the rear with (2) 2 bed/1 bath units. The properties are 100% occupied with historically low vacancy. All of the units have been renovated with newer kitchens and baths + flooring, fixtures and paint. The utilities are separate and tenant paid – gas heat and hot water + updated electrical which is also separate and tenant paid. The siding and brick are in good condition and there are replacement thermopane windows throughout. There is off-street parking at the side and rear of the properties. This is a great, turn key investment in Little Poland Won’t last! This can also be purchased as part of a 26 unit portfolio in New Britain, please ask LA for more info.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | NBRI-000006C-000000-C000045 | Improvements Assessment | $290,290 |
| Land Assessment | $50,330 | Total Assessment | $340,620 |
PROPERTY TAXES
