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266 & 270 High Street 266 High St 12 Unit Apartment Building $1,320,000 ($110,000/Unit) New Britain, CT 06051
Investment Highlights
- Access & Connectivity
- Off-Street Parking
- Quality of Life Amenities
- Area Amenities & Demand Drivers
- Strong Rental Demographics & Demand
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 266 & 270 High Street in New Britain, CT (the “Property”). The three-story buildings contain twelve (12) 2-Bedroom/1-Bathroom units, six (6) units at each building, with 11,298 square feet of gross living area in 16,498 square feet of gross area. The Property is situated upon a 0.40-acre parcel and features over eleven (11) off-street parking spaces. 266 & 270 High Street are strategically located in the core of New Britain, offering immediate access to the city’s downtown district, neighborhood retail corridors, and dense surrounding residential neighborhoods. The Property benefits from strong connectivity to key local thoroughfares including Main Street and Broad Street, as well as convenient access to Route 9 and Interstate 84, providing efficient regional connectivity throughout Central Connecticut and into the greater Hartford metropolitan area.
Property Facts
| Price | $1,320,000 | Building Class | C |
| Price Per Unit | $110,000 | Lot Size | 0.40 AC |
| Sale Type | Investment | Building Size | 16,498 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Parking Ratio | 0.67/1,000 SF |
| Zoning | A2 | ||
| Price | $1,320,000 |
| Price Per Unit | $110,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 16,498 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | A2 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Kitchen
- Refrigerator
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NBRI-000006C-000000-C000088 | Improvements Assessment | $276,220 |
| Land Assessment | $47,880 | Total Assessment | $324,100 |
Property Taxes
Parcel Number
NBRI-000006C-000000-C000088
Land Assessment
$47,880
Improvements Assessment
$276,220
Total Assessment
$324,100
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266 & 270 High Street | 266 High St
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