Price Reduced 4.21%
Price History
$689,000
1/17/2025
$660,000
4/14/2025
93 Gold Street, New Britain, CT, 06053
24 rooms
12 beds
6 Full baths
1910
3updown - Unit(s) per Floor
4,212 sqft
Rare opportunity three four bedroom units with two full baths each, renovated with hard wood flooring, granite countertops. See MLS attachments for Financial Analysis. Property generates more than two thousand five hindred dollars a month cash flow in addition to almost $500 a month principal reduction in the first year, cash on cash return of more than 22% and an Before tax ROI of more than 25% a rare opportunity in todays competitive sellers market, especially for multifamily properties. Ideally for investors. Rents are below market value. Only 2nd floor unit is available for 1st showing and 24 hours notice is required until March 1, 2025 when tenant moves out then a lockbox will be installed and no notice will be required. All three units are identical in layout and very similar in condition. Offers with an FHA mortgage are not being considered due to FHA appraisal guideline.
Status:
Active
Type:
Multi-family
Laundry Remarks:
All Units Have Hook-Ups
Units:
3
Zoning:
A2
Garage:
None, Paved, Driveway
Heating:
Baseboard
Cooling:
None
Basement:
Full
Parking:
3-car
Acreage:
0.14
Est. Taxes:
$9,456
Assessment
$238,840
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
Middle School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
108
MLS #:
24069430
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Gary Thompson, CT Realty Consultants Email: GaryThompson@CTRealtyConsultants.com