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345 Arch St
New Britain, CT 06051
Mixed-use opportunity · Multifamily Property For Sale
·
5 Units
Investment Highlights
- Proforma 14% CAP rate
- Great opportunity with value add potential
- Separate and tenant paid utilities
- Apartments have just been remodeled (2019) and feature: high ceilings, hardwood floors, oak cabinets
- 100% occupied.
- New windows and roof (completed in 2007
Property Facts
| No. Units | 5 | Building Size | 6,594 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1889 |
| Building Class | C | Parking Ratio | 2.43/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | CBD | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 6,594 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1889 |
| Parking Ratio | 2.43/1,000 SF |
| Zoning | CBD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $700.00 | 766 |
Property Taxes
| Parcel Number | NBRI-000008C-000000-C000109 | Improvements Assessment | $243,950 |
| Land Assessment | $28,980 | Total Assessment | $272,930 |
Property Taxes
Parcel Number
NBRI-000008C-000000-C000109
Land Assessment
$28,980
Improvements Assessment
$243,950
Total Assessment
$272,930
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