Price Reduced 19.77%
Price History
$299,000
8/9/2024
$265,000
9/2/2024
$239,900
9/13/2024
525 Allen Street, New Britain, CT, 06053
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:
Active
Type:
Multi-family
Laundry Remarks:
All Units Have Hook-Ups
Units:
2
Zoning:
T
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:
40
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