240 Washington Street
New Britain, Connecticut

Description:

Fantastic investment opportunity in Little Poland neighborhood with value add potential! 2 properties, 1 parcel. Front building is a 6 unit brick asset with 4,905 SF - all 1 bed units. Rear building is a 2 family with 1,448 SF - both 2 bed units. Both buildings offer separate and tenant paid utilities - gas heat, hot water and cooking + electric. Some renovations throughout with hardwood floors and unit renovations. Overall well maintained assets. There is also off-street parking for both buildings. Rents are way below market = BIG UPSIDE 15% ROI pro-forma. Amazing location with a short walk to Broad St and all Little Poland has to offer. Do NOT walk the property without an appt.

Listing Courtesy of Oxford Realty