194-196 Curtis St - Apartments FOR SALE


New Britain, CT 06053- New Britain/Newington/Wethersfield
$699,900 USD
203-314-4219
194-196 Curtis St, New Britain, CT for Sale
$699,900 USD
Apartments - FOR SALE
1/18
null | 7.15% Cap Rate

194-196 Curtis St
New Britain, CT 06053
New Britain/Newington/Wethersfield


HIGHLIGHTS

  • Little Poland Neighborhood
  • All 2 Bed, 1 Bath Units
  • Hardwood Floors & Updated Kitchens
  • Separate & Tenant Paid Utilities
  • Off-Street Parking
  • Rents Below Market = Big Upside

OVERVIEW

Little Poland neighborhood + value add investment opportunity! Nice 6 unit building with brick exterior and off-street parking. All apartments are 2 bed/1 bath with EIK and LR. 100% occupied with historically low vacancy. Hardwood floors or newer flooring throughout + mostly updated kitchens (cabinets and appliances). Replacement windows and roof roughly 5-10 years old. Utilities are separate & tenant paid heat, HW & electric. H&HW is gas on gas and electric. Fire system throughout the property. There is also off-street parking behind. Rents are way below market = BIG UPSIDE with almost 10% CAP rate. Amazing location with a short walk to Broad St and all Little Poland has to offer. Do NOT walk the property without an appt.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$91 USD /SF

# OF UNITS

6

PRICE/UNIT

$116,650

CAP RATE

7.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Poland Neighborhood w/Big Upside

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

A2

APN/PARCEL ID

NBRI-000006A-000000-D000016

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.