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$ 515,900
Est. payment /mo
Price Dropped by $43K
433 Main Street New Hartford, CT 06057
5 Beds
4 Baths
2,699 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,699 sqft
Price per Sqft $191
MLS Listing ID 24148826
Style Other
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1850
Annual Tax Amount $6,943
Lot Size 0.310 Acres
Property Sub-Type 4 Family
Property Description
Prime mixed-use commercial property located on Main Street with excellent visibility, close to amenities, and ample on-site parking. Property features four units plus a detached two-bay garage, all fully occupied. Residential units include two one-bedroom apartments and one two-bedroom apartment, along with a commercial space suitable for a variety of uses. Extensive renovations completed throughout including all new plumbing, electrical, heat pump systems, water heaters, separate utility meters, new kitchens, bathrooms, and a new common laundry room. Detached two-bay garage is also leased, providing additional income. Strong investment opportunity with multiple income streams, minimal deferred maintenance, a 7.8% cap rate, and a pro forma cap rate of 8.1%.
Location
State CT
County Litchfield
Zoning B
Rooms
Basement Full
Interior
Heating Heat Pump
Cooling Heat Pump
Fireplaces Number 3
Exterior
Exterior Feature Porch
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Fiberglass Shingle
Building
Lot Description Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by David White • OwnerEntry.com
NEARBY SCHOOL & BUSINESS