Multi Family In New Britain

Rare opportunity - MUST SEE to appreciate! This one has it all - income, condition, stability AND upside. Excellent opportunity to acquire a impeccably maintained 6-unit multifamily property consisting of two buildings on one parcel in New Britain. The property is in excellent condition and has benefited from numerous capital improvements, making it an attractive investment for both seasoned and first-time multifamily investors. Tan building has extensive updates, including a new roof, siding, windows, and gas lines, while the brick building also features a newer roof, heating system and updated electrical service. Additional improvements include a chimney updates completed in 2021, newer hot water heaters, and fire code compliance upgrades throughout both properties. All units feature large sq. ft., with high ceilings, separate heat and electric, helping to minimize owner expenses and maximize operating efficiency. Income approximately $9000. per month. See income/expense disclosure. Plus a 5 bay garage in rear may add additional income. With strong rental demand, quality building systems, and pride of ownership evident throughout, this turnkey asset offers investors a rare combination of stability, condition, and upside - tremendous opportunity to increase income stream between bringing rents to market and renting out the garage spaces. Whether you’re looking to expand your portfolio or complete a 1031 exchange, 445-451 Columbus Boulevard is a solid opportunity.