Price Reduced 8.03%

$275,000 ($84.72 per sqft)

Under Contract

Est. Mortgage $1,462/mo *

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Price History

$299,000
8/9/2024

$275,000
9/7/2024

531 Allen Street, New Britain, CT, 06053

531 Allen Street, New Britain, CT, 06053
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14 rooms

8 beds

3 Full baths

1870

Units on different Floors

3,246 sqft

Investor Opportunity: High-Cash Flow Potential Attention investors! This property offers significant cash flow potential once completed. The first floor features a 3-bedroom, 1-bathroom unit, while the second floor boasts a spacious 5-bedroom, 2-bathroom unit. Key updates include a newer roof, brand new vinyl siding, and thermal pane windows. The heavy lifting has been done-all rough plumbing, electrical wiring, and panels are completed and ready for final inspection. With an impressive ARV, this property is worth the effort. Permits and work invoices are available upon request. This property is being sold as a package with 525 Allen St. (See MLS # 24038849) Use ShowingTime for entry instructions. Call LA with any questions.

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

2

Zoning:

T

Garage:

None, Off Street Parking, Driveway

Heating:

Baseboard

Cooling:

None

Energy Features:

Ridge Vents, Thermopane Windows

Basement:

Full

Parking:

6-car

Acreage:

0.2

Est. Taxes:

$3,597

Assessment

$90,860

Lot Description:

N/A

Elementary School:

Per Board of Ed

Middle School:

Per Board of Ed

High School:

New Britain

Days on Market:

34

MLS #:

24038278

Buyer Broker Compensation:

2.0%

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

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