Price Reduced 19.77%

$239,900 ($160.15 per sqft)

Under Contract

Est. Mortgage $1,276/mo *

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Price History

$299,000
8/9/2024

$265,000
9/2/2024

$239,900
9/13/2024

525 Allen Street, New Britain, CT, 06053

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8 rooms

2 beds

2 Full baths

1920

Units on different Floors

1,498 sqft

Investor Opportunity: Prime Two-Family This renovated two-family property offers a remarkable investment opportunity in the heart of Central Connecticut. Each unit has been meticulously updated to appeal to modern renters, featuring a host quality finishes and contemporary amenities. The interior boasts brand-new shaker-style kitchen cabinets, complemented by sleek granite countertops that add both elegance and durability. Updated bathrooms showcase modern fixtures and finishes, enhancing the overall appeal. The property also includes newer appliances throughout, ensuring efficiency and reliability for future tenants. Additionally, the refinished hardwood floors provide a warm and inviting atmosphere, blending classic charm with contemporary style. Strategically located just minutes from Central Connecticut State University, this property is ideally situated for attracting a steady stream of potential renters, including students, faculty, and university staff. Its proximity to the university and other local amenities makes it a highly desirable choice for those seeking convenience and comfort. This property is move-in ready and offers an excellent return on investment. Don't miss the chance to acquire a well-located, beautifully updated two-family unit with strong rental potential.

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

Zoning:

Garage:

None, Paved, Off Street Parking

Heating:

Baseboard

Cooling:

Window Unit

Energy Features:

Thermopane Windows

Basement:

Full, Full With Hatchway

Parking:

4-car

Acreage:

0.18

Est. Taxes:

$4,672

Assessment

$118,020

Lot Description:

City Views

Elementary School:

Per Board of Ed

High School:

New Britain

Days on Market:

MLS #:

24038849

Buyer Broker Compensation:

2.5%

Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Price History

525 Allen Street, New Britain, CT, 06053

Community Info

School Info

Walk Score

Mass Transit

Yelp

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525 Allen Street, New Britain, CT, 06053

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