New Britain, CT 06051,24 Rocky Hill Avenue

$342,500

$319,900

7.1%
Est.Price: ?

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Est. payment /mo

9 Beds

3 Baths

2,916 SqFt


SOLD DATE : 03/15/2024

Key Details

Sold Price $342,500

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,916 sqft

Price per Sqft $117

MLS Listing ID 170619574

Sold Date 03/15/24

Style Units on different Floors

Bedrooms 9

Full Baths 3

Year Built 1920

Annual Tax Amount $7,380

Lot Size 7,405 Sqft

Property Description

Welcome to this well-maintained 3-family house in the heart of New Britain, CT, presenting a solid investment opportunity with promising returns. The first floor apartment has undergone practical updates, including a refreshed bathroom and remodeled kitchen, creating comfortable living spaces. The third floor mirrors this with updated kitchens, revitalized bedrooms, and a modernized bathroom. The property's exterior has been conscientiously landscaped and cleaned, providing an inviting outdoor space. This well-maintained property stands as a reliable investment option, with updated units contributing to its potential for consistent rental income. Currently yielding $3,550 in rent, the owner is actively working on increasing the rents to $3,900 in March, making it an incredibly lucrative investment for cash flow. It's worth noting that the 3rd floor is equipped with gas heating, providing efficient warmth, while the 1st and 2nd floors utilize electric heat. However, there are three gas meters at the property, allowing for flexibility and potential savings. There are also three water heaters and electrical panels, along with an owner's meter, ensuring convenience and ease of management. **click more to see additional remarks**

Location

State CT

County Hartford

Zoning T

Rooms

Basement Full, Unfinished, Concrete Floor, Dirt Floor

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Gutters, Lighting

Garage Driveway, Paved, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick, Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Smith

Middle Schools Louis Slade

High Schools New Britain

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Listed by Robert Paskiewicz • CT Home Pro, LLC
Bought with Laura Beth Collinson • Carl Guild & Associates

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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