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92 Newington Ave, New Britain, CT 06051

Property Status: Available (Wholesale) |  For Sale: $200,000.00

9 Bedrooms / 3 Baths / Multiple Family

Great Cash Flowing Property With Instant Equity

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $200,000.00
Property Details:
9 Bedrooms / 3 Baths / Multiple Family
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.
Contact Info
Paradigm Homes East
(860) 413-0808

View on Individual's Website
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 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 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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