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92 Newington Ave, New Britain, CT 06051

Multiple Family / 9 Bedroom(s) / 3 Bath(s)

Property Status:  Not Available | $200,000.00 (Wholesale) | 

Property Photos
92 Newington Ave (Image - 1)

Great Cash Flowing Property With Instant Equity

Property Status:
Not Available | $200,000.00 (Wholesale)
Contact Info
Paradigm Homes East
(860) 413-0808

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Property Details:
Multiple Family / 9 BR / 3 BA
Property Style:
Tri-Plex
Year Built:
1926
Finished Sq Ft:
3,492
Garage:
3 Car Detached
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Property Description:
2nd & 3rd floor units updated in 2017 & 1st floor updated in 2014. Month to month leases with current rents well below market rents. Roof & gas furnaces replaced in 2017. 3 car detached garage - potential additional income. Comps: 1) 619 East Main Street, New Britain, CT - Closed on 4/20/20 @ $274,000 - Retail - Similar sqft - 3/1 for each unit - rents are $1400,$1500 and $900 - Has 2 car detached garage 2) 68 Wilson Street, New Britain, CT - Closed @ $250,000 on 3/23/20 - Retail - 400 Sqft smaller - 3/1 for each unit - rents are $1,150; $1,050; $1000 - Has 2 car detached garage - -Assessed value is a lot lower ** Cash Purchase - Serious Inquiries Only **

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. CT Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

CT Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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