22 Wilcox Street Under Contract

New Britain,CT 06051

$ 750000

15 Beds

6 Baths

6156 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 6,156 sqft

Price per Sqft $121

MLS Listing ID 24080325

Style Units on different Floors,Units are Side-by-Side

Bedrooms 15

Full Baths 6

Year Built 1925

Annual Tax Amount $11,393

Lot Size 8,276 Sqft

Property Sub-Type 5 Family+

Property Description

This property featuring a total of six units, offering attractive returns.Four units with two bedrooms and one bathroom each, and two units each offering three bedrooms and one bathroom. All residents enjoy the convenience of ample off-street parking. Significant updates add to the property's appeal and tenant comfort. The roof, approximately 6 years old, is in excellent condition, and a brand-new hot water tank has recently been installed. Three of the six units have undergone complete renovations, presenting modern and attractive living spaces. Recent upgrades have also been made to the common areas. The owner covers the costs of heat and hot water, while tenants are responsible for their own cooking gas and electricity. This setup ensures a straightforward and manageable utility arrangement. Ideal for investors seeking a solid ROI of 10.8%, this well-maintained building promises both stability and profitability.

Location

State CT

County Hartford

Zoning T

Rooms

Basement Full

Interior

Heating Gas on Gas,Other

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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