433 Main St - Office/Residential FOR SALE


New Hartford, CT 06057
$565,000 USD
860-494-3472
433 Main St, New Hartford, CT for Sale
$565,000 USD
Office/Residential - FOR SALE
1/15
null | 7.8% Cap Rate

NEW


433 Main St
New Hartford, CT 06057


OVERVIEW

Prime mixed-use commercial property located on Main Street with excellent visibility, close to amenities, and ample on-site parking. Property features four units plus a detached two-bay garage, all fully occupied. Residential units include two one-bedroom apartments and one two-bedroom apartment, along with a commercial space suitable for a variety of uses. Extensive renovations completed throughout including all new plumbing, electrical, heat pump systems, water heaters, separate utility meters, new kitchens, bathrooms, and a new common laundry room. Detached two-bay garage is also leased, providing additional income. Strong investment opportunity with multiple income streams, minimal deferred maintenance, a 7.8% cap rate, and a pro forma cap rate of 8.1%.

FOR SALE DETAILS

PRICE

$565,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B-1

APN/PARCEL ID

NHAR-000044A-000114-000004

ASK ABOUT THIS PROPERTY

Alex IlchenkoBlueKeyPropertyGroupMore Info
860-494-3472

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Alex IlchenkoBlueKeyPropertyGroupMore Info
860-494-3472

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