New Britain, CT 06051,86 John Street

$245,000

$259,999

5.8%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,300 SqFt


SOLD DATE : 10/29/2020

Key Details

Sold Price $245,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $106

MLS Listing ID 170337674

Sold Date 10/29/20

Style 4updown - Unit(s) per Floor

Bedrooms 4

Full Baths 4

Year Built 1914

Annual Tax Amount $5,437

Lot Size 8,276 Sqft

Property Description

New Britain 4-family. The numbers work on this one for an investor looking for an addition to their portfolio or for an owner occupant. This property has provided consistent cash flow over the years because of very low vacancy rate, low maintenance costs, low water/sewer costs, and tenant paid heat/hot water/electricity. All units are 1-bed, 1-bath and have the same layout. 3 of the 4 units are rented and the non occupied unit has been renovated making it easy to attract a tenant at top dollar rent or for an owner occupant to enjoy. There have been significant upgrades which include a state/city compliant fire alarm system, new sewer line, freshly painted exterior, and upgrades to the interior of the units. Separate utilities. Ample off-street parking for tenants. Freshly painted and updated common area.This is unique opportunity to get a currently stable & producing property w/ upside potential.

Location

State CT

County Hartford

Zoning I2

Rooms

Basement Unfinished

Interior

Heating Baseboard

Cooling None

Exterior

Garage Paved, Driveway, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick, Stone

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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Listed by Michael Noto
Bought with Michael P. Doherty

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Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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