Multifamily Property
New Britain, CT
$725,000
8.6%
9,600 SF
12
$75.52
$60,417
3
Multifamily
1920
.26 AC
NEPCG is pleased to present 840 & 846 Stanley St, a 12 unit multifamily property located in New Britain, CT.
The property is comprised of two adjacent 6-unit buildings which break down into 4-two bedroom and 2-three bedrooms in the 840 building and 2-two bedroom and 4-three bedrooms in the 846 building. Tenants are responsible for their own utilities which are supplied through individual natural gas hot water heaters and boilers. There is off street parking for tenants located around the back and in front of the buildings. The buildings have been renovated over the years to include updated units, newer vinyl windows and upgraded electrical service throughout.
The property is conveniently located with easy access to major interstates and Rt. 9, and is in close proximity to the new CT Fastrak bus terminal which provides access from New Britain into Hartford. The high visibility of the property helps to secure a high occupancy rate.