259 Grove St - Apartments FOR SALE


New Britain, CT 06053- New Britain/Newington/Wethersfield
$725,000 USD
860-941-9996
259 Grove St, New Britain, CT for Sale
$725,000 USD
Apartments - FOR SALE
1/20
null | 8% Cap Rate


OVERVIEW

Welcome to 259 Grove St a fully renovated 6-unit multifamily in Little Poland area of New Britain. Each unit features 2 bedrooms and 1 bathroom, with separate electric and gas heat, all paid by tenants. Recent improvements include, 4 new heating systems (2 in basement and 2 in attic) fire alarm system, electrical and plumbing. The property also features, motion lights and credit card washer dryers in basement. Perfect as a stand-alone asset or as a portfolio package with neighboring 164 Grove St

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$118 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,833

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

A2

APN/PARCEL ID

NBRI-000006B-000000-C000036

ASK ABOUT THIS PROPERTY

Mike DohertyKeller Williams RealtyMore Info
860-941-9996

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Mike DohertyKeller Williams RealtyMore Info
860-941-9996

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