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$ 699,000
Est. payment /mo
Active
40 Dewey Street New Britain, CT 06051
14 Beds
6 Baths
6,018 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 6,018 sqft
Price per Sqft $116
MLS Listing ID 24097416
Style Other
Bedrooms 14
Full Baths 6
Year Built 1900
Annual Tax Amount $12,493
Lot Size 8,712 Sqft
Property Sub-Type 5 Family+
Property Description
CASH FLOW! 9.8% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator!
Location
State CT
County Hartford
Zoning Tod-Em
Rooms
Basement Full, Interior Access
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Molly Sullivan • Century 21 AllPoints Realty