104-112 Broad St - Apartments FOR SALE


New Britain, CT 06053- New Britain/Newington/Wethersfield
$1,150,000 USD
781-776-4002
104-112 Broad St, New Britain, CT for Sale
$1,150,000 USD
Apartments - FOR SALE
1/7
null | 5.78% Cap Rate


HIGHLIGHTS

  • ACCESS & CONNECTIVITY
  • AREA AMENITIES & DEMAND DRIVERS
  • DESIRABLE BRICK CONSTRUCTION
  • SEPARATELY METERED UTILITIES
  • STRONG RENTAL DEMOGRAPHICS & DEMAND
  • QUALITY OF LIFE AMENITIES

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 104 Broad Street in New Britain, CT (the “Property”). The three-story building contains eight (8) 1-Bedroom/1-Bathroom units and three (3) Commercial units with 10,503 square feet of gross living area in 15,094 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features on-street parking. 104 Broad Street is centrally located in downtown New Britain, offering immediate access to the city’s urban core, neighborhood retail corridors, and surrounding residential communities. The property benefits from strong regional connectivity via nearby Route 9, Route 72, and Interstate 84, providing convenient access throughout central Connecticut and to major employment centers including Hartford and Waterbury.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

-

CAP RATE

5.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

104 Broad Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B3

APN/PARCEL ID

NBRI-000007B-000000-C000072

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.