324 S Main St, New Britain, CT 06051
- $599,900
- 12
- BD
- 5
- BA
- 6,003
- SqFt
- List Price
- $599,900
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 24198479
- Year Built
- 1920
- Bedrooms
- 12
- Bathrooms
- 5
- Acres
- 0.16
- Living Area
- 6,003
- Neighborhood
- N/A
Property Description
Excellent investment opportunity featuring two residential buildings on one parcel - a three-family home plus a separate single-family home, providing four total income-producing units. All four units offer 3 bedrooms, with current gross rents totaling $6,211 per month/$74,532 annually. Property has benefited from extensive recent capital improvements including roofs, heating systems, kitchens, bathroom renovations, porches and gutters. Multifamily roof replaced in 2019 and single-family roof replaced in 2023. Single-family gas furnace replaced in 2026. Additional improvements include updated kitchens in the first and third-floor units and a recently renovated second-floor bathroom. Tenants responsible for their own utilities with owner responsible for water. Strong existing income with additional rental upside. Excellent opportunity for an investor looking to add a four-unit property with significant recent capital improvements to their portfolio.
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Additional Information
- Taxes
- $7,874
- Lot Size
- 6,969
- Heating
- Other
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Scott Hollister from eXp Realty. (860) 869-2842 (866) 828-3951
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