Cash cow available for investors who can think outside the box and wrap their head around this unusual property.
60-66 Prospect
New Britain, CT 06051
Listing
| Web ID: | 5745856 |
|---|---|
| Website: | https://www.nestseekers.com/5745856 |
Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 23 BR |
| Bathrooms: | 11 |
| Area: | 8597 sq ft |
Financials
Price:$1,300,000
Annual Taxes:$16,765
Description
Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These 9 rental units provide excellent steady cash flow. Units range from 1 bedroom to 4 bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide an on-site super, or choose your renter. The 9 total units are split among 3 buildings (#60 Prospect = 4 family, #64 Prospect = 2 family, & #66 Prospect = 3 family) on two adjacent tax parcels. Excellent steady income adjacent to Walnut Hill Park & Hospital of Central CT, easy walk to downtown Main St & CT fastrak busrail. MLS listing combines property taxes & assessments for all three buildings. All three buildings have vinyl replacement windows and updated electrical, heating & plumbing systems. All units have individual utility meters. Lot has assigned spaces for 12 cars with additional unassigned spaces. #60 basement has separate key pad entrance for potential coin op laundry installation. PLEASE READ UPLOADED PROPERTY DOCUMENTS FOR INFORMATION PERTAINING TO EACH BUILDING. Also for sale from this portfolio MLS #s 24206115, 24206376, 24206411, 24206857, 24206202.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Porch
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
Listing Courtesy of Lisa Sadinsky of William Raveis Real Estate