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$489,111 USD
78 Rhodes Street
New Britain, Connecticut 06051
USA
New Britain, Connecticut 06051
USA
252.967 m2 ::
2,723 sqft
6 bedrooms
Residential For Sale, Multi-Family Home
Land size: 0.13 ha ::
0.32 acres
Sale price per sqm: 1,933.44
Tax: 7,970 USD
Remarks:
Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset.
Features:
- Rooms: 12
- Year Built: 1880
- Building age: Over 50 years old
- Exterior Description: Vinyl Siding
- Utilities: City Water, Public Sewer
- Heating System: Baseboard
- Lot Description: Level
- Basement and Foundation: Full basement
- Elementary School: Per Board of Ed
Location:
78 Rhodes Street, New Britain, Connecticut 06051, USA
Listed By CENTURY 21 AllPoints Realty
The Residential For Sale, Multi-Family Home located at 78 Rhodes Street, New Britain, Connecticut 06051, USA is currently for sale. 78 Rhodes Street, New Britain, Connecticut 06051, USA is listed for $489,111 USD. This property has 6 bedrooms and 2,723 sqft. If the property located at 78 Rhodes Street, New Britain, Connecticut 06051, USA isn't what you're looking for, search Connecticut Real Estate to see other Homes For Sale in New Britain.