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Investment Highlights
- Desirable Brick Construction
- Separately Metered Utilities
- Strong Rental Demographics & Demand
- Deed Restricted Asset
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment properties located at 91 & 99 River Street in New Britain, CT (the “Properties”). The three-story buildings contain nine (9) total units, comprised of one (1) 4-Bedroom/1.5-Bathroom unit, two (2) 3-Bedroom/1.5-Bathroom units, and six (6) 2-Bedroom/1- Bathroom units. 91 Silver St contains six (6) 2-Bedroom/1-Bathroom units, while 99 Silver St contains one (1) 4-Bedroom/1.5-Bathroom unit and two (2) 3-Bedroom/1.5-Bathroom units. The Properties contain a combined 11,178 square feet of gross living area in 16,617 square feet of gross area. The Properties are situated upon 0.34-acres of land and feature fifteen (15) off-street parking spaces.
91 & 99 Silver Street are well-positioned just west of downtown New Britain, offering convenient access to the city's central business district, neighborhood retail corridors, and established residential neighborhoods. The properties benefit from excellent connectivity to major regional roadways including Route 72, Route 9, and Interstate 84, providing efficient access throughout Central Connecticut, including Hartford, Bristol, Waterbury, and the broader Interstate 91 corridor. Their central location places residents within minutes of employment centers, public transportation, shopping, dining, and everyday conveniences, supporting long-term residential demand and tenant appeal.
91 & 99 Silver Street are well-positioned just west of downtown New Britain, offering convenient access to the city's central business district, neighborhood retail corridors, and established residential neighborhoods. The properties benefit from excellent connectivity to major regional roadways including Route 72, Route 9, and Interstate 84, providing efficient access throughout Central Connecticut, including Hartford, Bristol, Waterbury, and the broader Interstate 91 corridor. Their central location places residents within minutes of employment centers, public transportation, shopping, dining, and everyday conveniences, supporting long-term residential demand and tenant appeal.
Property Facts
| Price | $865,000 | Apartment Style | Low-Rise |
| Price Per Unit | $96,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 8% | Building Size | 16,617 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.9/1,000 SF |
| Price | $865,000 |
| Price Per Unit | $96,111 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 16,617 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.9/1,000 SF |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NBRI-000005D-000000-D000149 | Improvements Assessment | $324,100 |
| Land Assessment | $45,780 | Total Assessment | $369,880 |
Property Taxes
Parcel Number
NBRI-000005D-000000-D000149
Land Assessment
$45,780
Improvements Assessment
$324,100
Total Assessment
$369,880
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91-99 Silver St



