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68 Booth St
New Britain, CT 06053
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Desirable Brick Construction
- Separately Metered Utilities
- Strong Rental Demographics & Demand
- High Upside Potential
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 68 Booth Street in New Britain, CT (the “Property”). The three-story building contains six (6) 1-Bedroom/1-Bathroom units with 4,986 square feet of gross living area in 7,128 square feet of gross area. The Property is situated upon a 0.19-acre parcel and features eight (8) off-street parking spaces.
68 Booth Street is well-positioned in a populated residential neighborhood just east of downtown New Britain, offering convenient access to the city's employment centers, neighborhood retail, and community amenities. The Property benefits from excellent regional connectivity via East Main Street (CT Route 372), CT Route 9, and nearby Interstate 84, providing efficient access to Hartford, Bristol, Newington, and the broader Central Connecticut region.
68 Booth Street is well-positioned in a populated residential neighborhood just east of downtown New Britain, offering convenient access to the city's employment centers, neighborhood retail, and community amenities. The Property benefits from excellent regional connectivity via East Main Street (CT Route 372), CT Route 9, and nearby Interstate 84, providing efficient access to Hartford, Bristol, Newington, and the broader Central Connecticut region.
Property Facts
| Price Per Unit | $108,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 5.74% | Building Size | 7,128 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 1.12/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | A2 | ||
| Price Per Unit | $108,333 |
| Sale Type | Investment |
| Cap Rate | 5.74% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,128 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 1.12/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | A2 |
Property Taxes
| Parcel Number | NBRI-000006A-000000-D000054 | Improvements Assessment | $260,470 |
| Land Assessment | $47,180 | Total Assessment | $307,650 |
Property Taxes
Parcel Number
NBRI-000006A-000000-D000054
Land Assessment
$47,180
Improvements Assessment
$260,470
Total Assessment
$307,650
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