Sold

62 Winter St, New Britain, CT 06051

Beds
18
Baths
6
Sqft
7,776

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

Listed byeXp Realty
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Overview

Fantastic Investment Opportunity! Rarely available, fully occupied 6-unit brick building-each unit offering 3 bedrooms and 1 bathroom. This well-maintained property features numerous updates, including renovated kitchens and bathrooms, updated flooring, fresh paint, and modern fixtures throughout. Major capital improvements have already been completed, with all furnaces and water heaters replaced within the past 8 years. The roof and thermopane windows are approximately 12 years old. The property offers a private driveway with ample off-street parking for up to 9 vehicles and is fully fenced for added privacy. Each unit has separate utilities, with tenants responsible for, helping to minimize owner expenses. Rents are currently below market, presenting a strong value-add opportunity with upside potential. Current cap rate is approximately 8%. Ideally located within walking distance to downtown, shops, restaurants, and public transportation, and just minutes to Walnut Park, The Hospital of Central Connecticut, major highways, and additional amenities.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
18
Number of bathrooms
6
Square feet
7,776
Lot size (acres)
0.18
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Radiator
Sewer
Public Sewer
Water
Public Water

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®#: 24160383 Last checked:

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.