2 Broad St - Apartments FOR SALE


New Britain, CT 06053- New Britain/Newington/Wethersfield
$1,075,000 USD
860-656-0205
2 Broad St, New Britain, CT for Sale
$1,075,000 USD
Apartments - FOR SALE
1/10
null | 7.67% Cap Rate


HIGHLIGHTS

  • 9-Unit New Britain Multi-Family Opportunity
  • Convenient Location
  • Upside Potential
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the sale of the multi-family investment property located at 2 Broad Street in New Britain, Connecticut (the “Property”). The Property is improved by two (2), three-story residential buildings and contains nine (9) 3-Bedroom/1-Bathroom units with 10,338 square feet of living area in 14,652 square feet of gross area on a 0.41-acre parcel. The Property also features an on-site laundry facility and ample on-site parking at the rear of the Property.2 Broad Street is well-located at the intersection of Broad Street and Main Street in central New Britain with convenient access to area highways, public transportation, and retail amenities. The Property is located 1.1-miles from the Hospital of Central Connecticut, 1.7-miles from Central Connecticut State University, and 11 miles from Downtown Hartford.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

9

PRICE/UNIT

$119,444

CAP RATE

7.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CBD

APN/PARCEL ID

NBRI-000007B-000000-C000031

ASK ABOUT THIS PROPERTY

Tim HinesHorvath & TremblayMore Info
860-656-0205

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Tim HinesHorvath & TremblayMore Info
860-656-0205

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