Introducing an enticing investment opportunity in New Britain - a dual-property sale comprising a 6-unit building and a 2-family property featuring all 2-bedroom units. The first building spans 5,682 square feet, offering a spacious living environment, while the second property is a 1,261-square-foot 2-family residence. In total, the combined space is 6,943 square feet, situated on a generous 11,231-square-foot lot. Currently, the units command low monthly rents, presenting an attractive scenario for potential revenue enhancement. While the properties require some renovation work, this presents an opportunity for value addition. Notably, their strategic proximity to I-84 adds an appealing dimension, making this investment particularly attractive for those eyeing both current returns and future growth potential in a convenient location.
Great opportunity to own this updated two family home. Perfect for investor or owner occupant. Let your tenant help with your mortgage. Each unit has 5 rooms, three bedrooms, 1 full bath & one 1/2 bath with laundry. Many updates including a Newer roof ( 2013) , New Windows (2020) New Furnace (2022) & Upgraded electrical boxes. Plenty of off street parking with nice fenced in rear yard. Do not miss this opportunity.
Discover the perfect blend of modern upgrades and investment potential with this beautifully remodeled two-unit property at 34 Oak St, New Britain. Whether you're seeking a home that generates rental income or a profitable investment, this versatile property has the best of both worlds. Property Highlights: Completely Renovated Inside and Out: A brand-new roof provides long-term durability, while new flooring throughout both units ensures a fresh, contemporary feel. Two Turnkey Units: Ideal for owner-occupancy with an additional income stream or for maximizing rental yield. Both units are ready for immediate occupancy. Updated Kitchens with Stainless Steel Appliances: Each unit features modern, fully-equipped kitchens with sleek stainless steel appliances, adding both style and functionality. Prime Location: Situated near major highways, this property has quick access for commuters. Its proximity to schools makes it a desirable option for families, enhancing rental appeal. Move-In Ready: Every detail has been considered, from the modern finishes to the practical upgrades, giving buyers peace of mind and long-term value. This meticulously updated property is perfect for those looking to combine comfortable living with smart investing. Don't miss your opportunity explore the potential of 34 Oak St for yourself!
This charming two-family home features a well-maintained layout, offering 3 bedrooms and 1 full bath on each floor, making it an ideal investment opportunity. Both units are currently leased, providing immediate rental income. Situated on a level lot in a desirable neighborhood, this property boasts a welcoming atmosphere and is conveniently located near amenities, parks, and public transportation. With its solid condition and potential for long-term value, this home is perfect for savvy investors looking to expand their portfolio. Don't miss out on this fantastic chance to own a reliable income-generating property!
Charming mixed-use property with two residential units and one store! Welcome to this unique and lucrative investment opportunity in New Britain. This well-maintained 3-unit house boasts a versatile layout, offering a spacious store on the first floor and two comfortable residential units on the upper levels. With tenants already in place, this property is a turnkey solution for generating immediate rental income.
Great opportunity for owner occupant or investor. Two 3 bedroom units on separate floors. 2nd floor unit has additional living space in finished attic area. Laundry hookups in each unit. Spacious yard area with plenty of off street parking.
Mixed use property in a residential area in New Britain that can continue as mixed use or be converted to a 2 family home. Since the first floor is currently open, you have a lot of flexibility, continue as a mixed-use property with a business on the first floor & residential units above for example a restaurant, bar, day care, office space, etc. (make sure to conduct your due diligence and explore all possibilities) or convert the first floor into another residential unit. The 2nd floor currently has 3 bedrooms but is used as a 2-bedroom, the enclosed porch and deck are great features that add value and appeal to potential renters or owners. With some renovation and possibly town approval, the attic could serve as an additional bedroom or even a separate apartment unit. The back patio & 2 car garage are addittional features. Whether as a mixed-use property or a 2-family home with a walk up attic, this property offers multiple rental opportunities, maximizing your income potential.).Owner Financing may be available with 25% down, this can be advantageous for buyers who may not qualify for traditional financing(Buyers agents can email sellers agent for more information) Overall, this property offers a lot of flexibility & potential for creative use and income generation. ** There is an additional lot across the street that can be purchased to provide extra parking or potentially allow for future development (subject to zoning &town approval, currently zoned for a multifamily)
READY FOR OFFERS! EXCELLENT investment opportunity!! Immaculate and absolutely NO DEFERRED MAINTENANCE making your rentals more desirable! No work just collect rents! Plenty of upside for an investor. On the sidewalk lined street rests this 2-family home with units on separate floors. 1st floor features hardwood floors, 2 bedrooms, 1 full bath, kitchen with dining area, living room & enclosed sunroom while the 2nd floor offers hardwood floors, 2 bedrooms, 1 full bath, kitchen with dining area & living room. Laundry hookups & separate utilities including BRAND NEW (12/23) high efficiency Navien boilers and high efficiency hot water heaters for each unit in lower level along with plenty of storage. City sewer/water. Gas heat. Ample off-street parking with a newly paved driveway. Spacious back yard ideal for all outdoor gatherings. This 2-family home is ideal to meet your goal of either adding to/starting your real estate portfolio adventure or wanting to have your very own owner-occupied multi-family...this is it! Such a great town as it is overflowing with activities for everyone along with its convenient proximity to all things needed & the wonderful amenities! Plenty of shopping and restaurants await. This town has a great community feeling! Easy access to bus lines, major highways and Bradley International Airport! - EASY TO SHOW -
two family home. full basement. floors on first floor just refinished. 3 bedrooms per unit. 3 car garage. private back yard. walk up third floor attic. 1 full bath per unit. washer and dryer hook up per unit. Property is being As Is.
The median home value in New Britain, CT is $228,900. This is lower than the county median home value of $304,000. The national median home value is $338,100. The average price of homes sold in New Britain, CT is $228,900. Approximately 37.04% of New Britain homes are owned, compared to 52.78% rented, while 10.19% are vacant. New Britain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Britain real estate agent to arrange a tour today!
New Britain, Connecticut 06051 has a population of 74,022. New Britain 06051 is less family-centric than the surrounding county with 19.93% of the households containing married families with children. The county average for households married with children is 29.12%.
The median household income in New Britain, Connecticut 06051 is $50,379. The median household income for the surrounding county is $80,320 compared to the national median of $69,021. The median age of people living in New Britain 06051 is 33.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 53.3 inches per year, with 34.9 inches of snow per year.