$280,000
$300,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,744 SqFt
SOLD DATE : 10/19/2020
Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $74
MLS Listing ID 170323344
Sold Date 10/19/20
Bedrooms 8
Full Baths 4
Year Built 1920
Annual Tax Amount $6,600
Lot Size 6,534 Sqft
Property Description
Welcome to 103 Orange Street, New Britain. This is a fully occupied, stable 4-family property just one block from Broad Street Little Poland. It generates almost $44K in rental income annually and has an 8% Cap Rate. The property is low maintenance and fully stabilized. Tenants pay their own utilities. Heat and hot water is gas and the city picks up the garbage. There is plenty of off-street parking for the tenants and is centrally located for the Fast Track bus line and all major highways. All units are well maintained and recently updated. The property has been professionally managed for over 5 years and is very well maintained.
Location
State CT
County Hartford
Zoning A2
Rooms
Basement Concrete Floor, Dirt Floor, Walk-out
Interior
Heating Baseboard, Gas on Gas
Cooling None
Exterior
Garage Paved, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Thomas B. Kopchick
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Broker | REB.0791464