505 New Britain
Berlin, CT 06037

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 4
Area: 3487 sq ft

Financials

Price:$479,900
Annual Taxes:$7,163
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Donna Sienko of Berkshire Hathaway NE Prop.

Rare Mixed Use Investment Opportunity in Prime Berlin Location !

Description

Rare Mixed-Use Investment Opportunity in Prime Berlin Location! Don't miss this exceptional chance to own a mixed-use investment property in a high-traffic area of Berlin! This versatile building features four units-including one commercial space on the main level, currently leased as a barber shop, and three residential units The property also includes a full walk-out basement, currently used for storage, offering additional potential. Notable Updates/Features-Full Walk-Out Basement (storage or potential additional use), Roof (Asphalt) 2016, Flat Roof 2023, Water Heater 2020, Forced Hot Air 2000, Electrical Service Upgraded 2000 Excellent visibility in a high-traffic area. Close to train station, restaurants, shops, and all major amenities. Quick access to Route 9, Route 72, and the Berlin Turnpike. Whether you're an investor seeking income-generating property or a business owner looking to offset costs with rental income, this property offers incredible potential. The price reflects the cosmetic updates needed-making this a value-add opportunity with strong upside.

Amenities

  • ceiling fan
  • Elementary School -
  • High School -
  • Intermediate School -
  • Window Unit

SmartMLS

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