40 Dewey St - Apartments FOR SALE


New Britain, CT 06051- New Britain/Newington/Wethersfield
$699,000 USD
860-263-2121
40 Dewey St, New Britain, CT for Sale
$699,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate


HIGHLIGHTS

  • A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location!
  • features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years
  • Situated just minutes from downtown New Britain, shopping, parks, and major highways

OVERVIEW

CASH FLOW! 9.8% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator!

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

6

PRICE/UNIT

$116,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

TOD-EM

APN/PARCEL ID

B7D 13

ASK ABOUT THIS PROPERTY

Molly SullivanCentury 21 AllPoints RealtyMore Info
860-263-2121

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Molly SullivanCentury 21 AllPoints RealtyMore Info
860-263-2121

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