93 Gold Street Active Save Request In-Person Tour Request Virtual Tour
New Britain,CT 06053
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $156
MLS Listing ID 24069430
Style 3updown - Unit(s) per Floor
Bedrooms 12
Full Baths 6
Year Built 1910
Annual Tax Amount $9,456
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
Rare opportunity three four bedroom units with two full baths each, renovated with hard wood flooring, granite countertops. See MLS attachments for Financial Analysis. Property generates more than two thousand five hindred dollars a month cash flow in addition to almost $500 a month principal reduction in the first year, cash on cash return of more than 22% and an Before tax ROI of more than 25% a rare opportunity in todays competitive sellers market, especially for multifamily properties. Ideally for investors. Rents are below market value. Only 2nd floor unit is available for 1st showing and 24 hours notice is required until March 1, 2025 when tenant moves out then a lockbox will be installed and no notice will be required. All three units are identical in layout and very similar in condition. Offers with an FHA mortgage are not being considered due to FHA appraisal guideline.
Location
State CT
County Hartford
Zoning A2
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features None,Paved,Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed