1145-1147 New Britain Ave - Apartments FOR SALE


West Hartford, CT 06110
$1,295,000 USD
860-308-6115
1145-1147 New Britain Ave, West Hartford, CT for Sale
$1,295,000 USD
Apartments - FOR SALE
1/10
null | 6.02% Cap Rate

1145-1147 New Britain Ave
West Hartford, CT 06110


OVERVIEW

Prime West Hartford Mixed-Use Investment Opportunity! Rarely available 8-unit mixed-use property situated in a high-traffic, visible location on New Britain Avenue. The building features significant recent upgrades, including a new roof, new gas burner, and a freshly paved parking lot. All residential units have been fully renovated with updated kitchens and bathrooms, providing strong tenant appeal and minimal deferred maintenance. The property offers an excellent unit mix, featuring three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, providing diverse rental options and steady occupancy. The commercial tenants - a lash studio, tattoo studio, Office and barbershop - are long-term and stable, contributing to consistent cash flow and reliable income. Ample off-street parking accommodates both residential and commercial occupants. Ample off-street parking is available for both residential and commercial occupants. This is an ideal opportunity for investors seeking a turnkey asset in a prime West Hartford corridor close to shopping, restaurants, and major commuter routes.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

8

PRICE/UNIT

$161,875

CAP RATE

6.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

BC

APN/PARCEL ID

WHAR-000014G-003771-001145

ASK ABOUT THIS PROPERTY

Thuyan TranOxford RealtyMore Info
860-308-6115

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Thuyan TranOxford RealtyMore Info
860-308-6115

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