$897,000
$1,200,000
25.3%For more information regarding the value of a property, please contact us for a free consultation.
15,719 SqFt
SOLD DATE : 07/02/2021
Key Details
Sold Price $897,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,719 sqft
Price per Sqft $57
MLS Listing ID 170365054
Sold Date 07/02/21
Year Built 1850
Annual Tax Amount $24,740
Lot Size 8,712 Sqft
Property Description
Historic, cornerstone property in New Hartford, CT consisting of 14 apartments units and 5 retail/office spaces. New Hartford is a gem in Northwest CT with something for everyone all year long. Some of the best trout fishing in the state, Ski Sundown, Satan's Kingdom tubing rides, Brodie Park, miles of biking and hiking and much more. For over 170 years 2 Bridge Street and 526 Main Street have served the community as a residential, restaurant, and retail hub. Total annual rental income is over $225,000. Current owner is retiring and the properties are now available. Plenty of upside still remains for a new investor. No need to to look toward a major city for a great mixed use investment opportunity! Final sale must be approved by probate court
Location
State CT
County Litchfield
Zoning CZ
Interior
Heating Baseboard, Heat Pump, Radiator
Cooling Heat Pump
Flooring Tile, Wall-to-Wall Carpet, Wood
Exterior
Garage Paved, Unassigned Parking, Off Street Parking
Utilities Available Electric, Telephone, Cable
Roof Type Asphalt Shingle,Rubber
Building
Lot Description Dry, Corner Lot, Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Mario Longobucco • Coldwell Banker Commercial NRT
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Broker | REB.0791464