146-148 Grove St - Apartments FOR SALE


New Britain, CT 06053- New Britain/Newington/Wethersfield
$630,000 USD
203-464-2434
146-148 Grove St, New Britain, CT for Sale
$630,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate


HIGHLIGHTS

  • ACCESS & CONNECTIVITY
  • AREA AMENITIES & DEMAND DRIVERS
  • VALUE-ADD POTENTIAL
  • OFF-STREET PARKING & DURABLE CONSTRUCTION
  • STRONG RENTAL DEMOGRAPHICS & DEMAND
  • QUALITY OF LIFE AMENITIES

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 146 Grove Street in New Britain, CT (the “Property”). The three-story building contains five (5) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1-Bathroom unit with 5,472 square feet of gross living area in 7,910 square feet of gross area. The Property is situated upon a 0.14-acre parcel and features four (4) offstreet parking spaces, comprised of over three (3+) surface spaces and one (1) garage space. 146 Grove Street is strategically located in New Britain, Connecticut, offering convenient access to the city’s downtown core, major employment centers, and established residential neighborhoods. The Property benefits from excellent regional connectivity via nearby Route 9, Route 72, and Interstate 84, providing direct access to Hartford, Waterbury, and other key employment and commercial hubs throughout Central Connecticut.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

6

PRICE/UNIT

$105,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

146 Grove Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

A2

APN/PARCEL ID

NBRI-000006C-000000-C000126

ASK ABOUT THIS PROPERTY

Tim HinesHorvath & TremblayMore Info
203-464-2434

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Tim HinesHorvath & TremblayMore Info
203-464-2434

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