Nest Seekers

Baldwin Pearson Co., Inc.

57 Whiting
New Britain, CT 06051

Listing

Web ID:5756374
Website:https://www.nestseekers.com/5756374

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 3
Area: 26270 sq ft

Financials

Price:$2,800,000
Annual Taxes:$34,472

Description

Baldwin Pearson & Co., Inc. is pleased to present 57 Whiting Street, New Britain, Connecticut, a rare opportunity to acquire a well-maintained mixed-use investment property featuring 15 apartments and 6 street-level retail spaces. This impressive brick corner asset offers a stable and diversified income stream supported by a desirable mix of residential and commercial tenants. The property is in excellent condition with no anticipated major capital expenditures. Ownership has invested significantly in the asset through extensive apartment renovations, new heating systems, and substantial roofing improvements. The residential component consists of spacious two-, three-, and four-bedroom apartments that continue to experience strong demand from families and working professionals. Ideally located near major economic and employment drivers including The Hospital of Central Connecticut, Downtown New Britain, Central Connecticut State University, and the CTfastrak transit hub, 57 Whiting Street benefits from strong tenant demand and long-term market fundamentals. The property represents a rare combination of strong in-place cash flow, minimal deferred maintenance, and excellent overall condition.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Lighting
  • Window Unit

Contact

Greenwich, CT
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
greenwich@nestseekers.com
Listing Courtesy of Daniel Shawah of Baldwin Pearson & Co., Inc
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