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580-582 Arch St
New Britain, CT 06051
Multifamily Property For Sale · 11 Units

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.50 AC
Building Size 9,696 SF
No. Stories 3
Year Built 1900
Parking Ratio 2.58/1,000 SF
Zoning T

ABOUT 580-582 ARCH ST , NEW BRITAIN, CT 06051

11 Units in the New Britain Multifamily market. The unit mix consists of 5 one bedrooms, 3 two bedrooms and 3 three bedroom apartment units. Current ownership has improved the property with replacement windows, some unit upgrades and common area improvements as well as electrical. Heat is provided to the tenants via a central gas fired boiler and hot water heater. Electric is individually metered and paid for by the residents. There is ample onsite parking located behind the building for +/- 25 cars. This property offers an incoming investor upside potential in bringing the current rental rates up to market rate levels.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NBRI-000009C-000000-C000001
Land Assessment
$115,500
Improvements Assessment
$428,400
Total Assessment
$543,900
  • Listing ID: 9898453

  • Date on Market: 11/7/2017

  • Last Updated:

  • Address: 580-582 Arch St, New Britain, CT 06051

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