Sold

133 Jubilee Street, New Britain, CT 06051

Beds
9
Baths
3
Sqft
3,004

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty
  • 2
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Overview

Turnkey CASH COW ready for milking. Fully renovated and income-producing, this spacious 2-family property at 133 Jubilee Street offers 3,004 sqft of modern living space on a 0.27-acre corner lot near Chelsea Park and the Newington town line. Unit 1 features 3 bedrooms and 1 full bathroom on the first floor. Unit 2 spans the second and third floors, offering 6 bedrooms and 2 full bathrooms, totaling 6 bedrooms and 2 full bathrooms across both units. The property has undergone extensive renovations including new insulation, vinyl siding, electrical panels and wiring, switches, receptacles, drywall, flooring, interior paint, kitchen countertops, cabinets, stainless steel appliances, bathroom vanities, toilets, shower/tubs, plumbing, and tile work. With a total monthly rental income of $5,100 and annual expenses of $17,989, the property generates a net income of $61,200 annually, delivering a strong CAP at 12.88%. Additional features include off-street parking and gas baseboard heating. This turnkey investment is ideal for investors or owner occupants seeking high cash flow and long-term upside. MULTIPLE BIDS RECEIVED, HIGHEST AND BEST SUBMITTED BY 6:00 PM MONDAY 10/27.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
9
Number of bathrooms
3
Square feet
3,004
Lot size (acres)
0.27
Year built
1885

Interior features

Basement
Yes

Utilities

Heating
Natural gas, Baseboard, Hot water
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$7,849

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24134099 Last checked:

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