$1,300,000

Multi Family In New Britain

  • 23 Beds
  • 11 Baths
  • 8,597 Sqft
  • 11,762 Sqft lot
  • Updated: September 15
  • Source:
    SmartMLS  MLS#24206411

About the Property

Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These 9 rental units provide excellent steady cash flow. Units range from 1 bedroom to 4 bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide an on-s
Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These 9 rental units provide excellent steady cash flow. Units range from 1 bedroom to 4 bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide an on-site super, or choose your renter. The 9 total units are split among 3 buildings (#60 Prospect = 4 family, #64 Prospect = 2 family, & #66 Prospect = 3 family) on two adjacent tax parcels. Excellent steady income adjacent to Walnut Hill Park & Hospital of Central CT, easy walk to downtown Main St & CT fastrak busrail. MLS listing combines property taxes & assessments for all three buildings. All three buildings have vinyl replacement windows and updated electrical, heating & plumbing systems. All units have individual utility meters. Lot has assigned spaces for 12 cars with additional unassigned spaces. #60 basement has separate key pad entrance for potential coin op laundry installation. PLEASE READ UPLOADED PROPERTY DOCUMENTS FOR INFORMATION PERTAINING TO EACH BUILDING. Also for sale from this portfolio MLS #s [hidden information]. Initial showing will include one or two units and basements.
  • Property type

    Other

  • Year built

    1920

  • Price/sqft

    $151

Features

  • Garden
  • Air Conditioning
  • Bar
  • Parking
  • Basement

Explore the Area

60-66 Prospect Street, New Britain, Connecticut, United States View on Google Maps
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William Raveis Real Estate - West Hartford

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William Raveis Real Estate - West Hartford
Connecticut, United States
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5
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2026
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William Raveis Real Estate - West Hartford
West Hartford, Connecticut, United States
View agency profile
Last updated
September 15
First listed
Sep 15
Listing reference
24206411
Listing status
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