380 Arch Street, New Britain, CT 06051
- Beds
- 8
- Baths
- 5
- Sqft
- 4,030
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Excellent investment opportunity in the desirable city of New Britain with this 5-unit mixed-use property. The building features one street-level commercial unit and four residential apartments above, offering a solid income-producing opportunity. The residential unit mix includes one 1-bedroom apartment and three 2-bedroom apartments, all of which are well cared for with various updates such as vinyl plank flooring and select kitchen and bathroom improvements. Rents are currently below market, presenting excellent upside potential for a new owner. Utilities are fully separate and tenant-paid, with each apartment and the commercial unit equipped with its own electric panel, gas heating system, and hot water tank. Heating, hot water, and cooking are all gas. Additional highlights include on-street parking and no on-site laundry, helping to keep operating expenses and maintenance minimal. This is a strong investment opportunity in a growing market with room to increase returns. Ideally located with easy access to downtown, shopping, dining, and a wide variety of local amenities-making it highly attractive to both residential and commercial tenants.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 5
- Square feet
- 4,030
- Lot size (acres)
- 0.09
- Year built
- 1900
Interior features
- Basement
- Yes, Unfinished
Utilities
- Heating
- Natural gas, Baseboard
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $9,558
Public schools
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®#: 24144818 Last checked: …

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