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80 New Britain Avenue

Farmington, CT 06085
  • $614,900
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 170493235
Under Contract
UPDATED: 52 min ago
$614,900
  • 8
    BEDS
  • 0.55
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,480
    SQFT
  • $177
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Information

Elementary School:
High School:

Description

Attention investors, this cream puff 4 unit brick investment property has a 7.7 cap rate with current below market value rents and a 9.5 cap with market value rents. This building has had extensive work completed within the last 3 years. Each unit is two bedroom one bath. All units renovated, brand new high quality vinyl replacement windows, new bathrooms, new kitchen flooring, hard wood floors refinished, electric services updated with new panels and sub boxes in each apartment, natural gas line brought to the house and four brand new ultra high efficiency Viessmann heat and hot water on demand natural gas heating units installed, new roof, new appliances, all new 90 minute steel fire doors, emergency lighting, hardwired smoke detectors, brand new sewer hook up and more. Almost everything new in building, great tenants, virtually a maintenance free property. Lots of parking large level yard. Tons of storage in clean bright concrete basement, washer dryer hook ups in each apt. Walking distance to Unionville center, close to Uconn Health Center.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-06-28T10:10:22.593.
www.connecticutpropertyforsale.com/homes/128978677
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80 New Britain Avenue Farmington, CT 06085

  • Price: $614,900
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 52 min ago
  • MLS #: 170493235
8
Beds
4
Baths
0
½ Baths
0.55
Acres
3,480
SQFT
$177
$/SQFT
1967
Built
Neighborhood:
Unionville
County:
Hartford
Area:
Farmington
Elementary School:
Union
High School:
Farmington
Property Description
Attention investors, this cream puff 4 unit brick investment property has a 7.7 cap rate with current below market value rents and a 9.5 cap with market value rents. This building has had extensive work completed within the last 3 years. Each unit is two bedroom one bath. All units renovated, brand new high quality vinyl replacement windows, new bathrooms, new kitchen flooring, hard wood floors refinished, electric services updated with new panels and sub boxes in each apartment, natural gas line brought to the house and four brand new ultra high efficiency Viessmann heat and hot water on demand natural gas heating units installed, new roof, new appliances, all new 90 minute steel fire doors, emergency lighting, hardwired smoke detectors, brand new sewer hook up and more. Almost everything new in building, great tenants, virtually a maintenance free property. Lots of parking large level yard. Tons of storage in clean bright concrete basement, washer dryer hook ups in each apt. Walking distance to Unionville center, close to Uconn Health Center.
Exterior Features

Color Brick Construction Description BrickConcrete Driveway Type Asphalt Exterior Features Garden AreaGuttersLightingSidewalk Exterior Siding Brick Foundation Type Concrete Lot Description Corner LotLevel Lot Roof Information Asphalt Shingle Style Units On Different FloorsUnits Are Side-By-Side Waterfront Description Not Applicable

Interior Features

Attic Description Access Via Hatch Attic Yn Yes Basement Description FullUnfinishedConcrete FloorInterior AccessStorage Cooling System Window Unit Fireplaces Total 0 Heat Type BaseboardHot Water Hot Water Description Tankless Hotwater

Property Features

Association Amenities None Bank Owned Property Yn No Direct Waterfront Yn No Energy Features Energy Star Rated Exclusions Washing Machines And DryersPersonal Possessions Of Tenants Fuel Tank Location Non Applicable Garage Parking Info Off Street Parking Handicap Features Multiple Entries/Exits Heat Fuel Type Natural Gas Hoa Yn No Home Warranty Offered Yn No Laundry Room Info All Units Have Hook-Ups Nearby Amenities Basketball CourtCommuter BusGolf CourseHealth ClubLakeLibraryMedical FacilitiesPark New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 4 Family Property Tax 7183 Radon Mitigation Air Ynu No Radon Mitigation Water Ynu No Sewage System Public Sewer Connected Sign Yn No Swimming Pool Yn No Water Source Public Water Connected Zoning R9

Listing information © 2022 Smart MLS
Listing provided courtesy of Jason Saphire of Www.Homezu.Com.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-06-28T10:10:22.593.
 
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142 Queen Street
Southington CT, 06489