29
See all 29 photos
$950,000
Est. payment /mo
18 Beds
6 Baths
7,776 SqFt
Under Contract
62 Winter Street New Britain, CT 06051
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $122
MLS Listing ID 24160383
Style Units on different Floors
Bedrooms 18
Full Baths 6
Year Built 1900
Annual Tax Amount $15,479
Lot Size 7,840 Sqft
Property Sub-Type 5 Family+
Property Description
Fantastic Investment Opportunity! Rarely available, fully occupied 6-unit brick building-each unit offering 3 bedrooms and 1 bathroom. This well-maintained property features numerous updates, including renovated kitchens and bathrooms, updated flooring, fresh paint, and modern fixtures throughout. Major capital improvements have already been completed, with all furnaces and water heaters replaced within the past 8 years. The roof and thermopane windows are approximately 12 years old. The property offers a private driveway with ample off-street parking for up to 9 vehicles and is fully fenced for added privacy. Each unit has separate utilities, with tenants responsible for, helping to minimize owner expenses. Rents are currently below market, presenting a strong value-add opportunity with upside potential. Current cap rate is approximately 8%. Ideally located within walking distance to downtown, shops, restaurants, and public transportation, and just minutes to Walnut Park, The Hospital of Central Connecticut, major highways, and additional amenities.
Location
State CT
County Hartford
Zoning CBD
Rooms
Basement Full
Interior
Heating Radiator
Cooling None
Exterior
Parking Features Paved, Driveway
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description City Views, Level Lot
Foundation Brick, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools New Britain
Listed by Michelle Mazzotta • eXp Realty
NEARBY SCHOOL & BUSINESS
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