292-300 Main St | New Britain, CT 06051
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- LoopNet Team
292-300 Main St
New Britain, CT 06051
Multifamily Property For Sale
·
35 Units
Investment Highlights
- High-performing intersection with excellent visibility.
- Positioned in the bustling downtown area of New Britian, with easy acces to major highways, publictransportation, and essential amenities.
- Value added with 18 new luxury rental units to increase cash flow.
- Signage opportunities visible along a high-traffic street that is a hub for local and national food chain restaurants.
- The property offers stable income mix from both commercial leases and residential rentals, reducing investment risk.
- Secured parking in adjacent garage.
Property Facts
| No. Units | 35 | Building Size | 46,134 SF |
| Property Type | Multifamily | Average Occupancy | 63% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.3/1,000 SF |
| Lot Size | 0.36 AC | Cross Streets | Columbus Boulevard |
| Zoning | CBD/TOWN - Mixed Use. Opportunity zone and tax credit eligible. | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 46,134 SF |
| Average Occupancy | 63% |
| No. Stories | 5 |
| Year Built | 1925 |
| Parking Ratio | 0.3/1,000 SF |
| Cross Streets | Columbus Boulevard |
| Zoning | CBD/TOWN - Mixed Use. Opportunity zone and tax credit eligible. |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- On-Site Retail
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | 521 |
| 1+1 | 7 | - | 766 |
Property Taxes
| Parcel Number | NBRI-000007C-000000-C000066 | Improvements Assessment | $2,228,030 |
| Land Assessment | $99,540 | Total Assessment | $2,327,570 |
Property Taxes
Parcel Number
NBRI-000007C-000000-C000066
Land Assessment
$99,540
Improvements Assessment
$2,228,030
Total Assessment
$2,327,570
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