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168 Oak Street, New Britain, CT

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168 Oak Street

New Britain, CT 06051 - New Britain/Newington/Wethersfield MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:1925
Stories:3 Building Size:7,958 SF Land Area:.39 AC (16,988 SF)
For Sale Price:$349,000 Price/Unit:$43,625.00 Cap Rate:14.00 % GRM:-

Parking:.75 Parking Spaces / 1,000 SF

Chozick Realty is pleased to announce Oak Street Apartments as an attractive, apartment building in New Britain. This 8 unit complex has two brick buildings on one site. A newer paved driveway is shared between the two. The unit mix is very desirable. There are 2 one bedrooms, 4 two bedrooms and 2 three bedrooms. All apartments have tenant paid gas and electric. The property is 100% occupied.
North Street or Allen Street to Oak.

Sale Notes:
The Cozzi Team is proud to present 8 units in New Britain, CT. The 8 units is all tenant paid utilities. 2, 3 bedroom units; 4, 2 bedroom units; and 2, 1 bedroom units. The electrical is updated to circuit breakers and the tenants pay electric. The 6 unit building is 6,726 SF. The 2 unit is 1,232 SF.
Gross Rent Roll $5900
New Britain is a city in Hartford County, Connecticut. New Britain is located approximately 9 miles southwest of Hartford. The population of the city is 73,206. The is a very active rental market that now benefits from the CT Fast Track, allowing for public transportation between New Britain and Hartford.

William Raveis Real Estate & Home Services
Lisa M Cozzi
(860) 508-2102

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