287 Kensington Avenue
New Britain, Connecticut

Description:

Rare multifamily investment opportunity featuring (2) two-family properties located at the highly visible corner of Kensington Avenue and High Road on the New Britain/Berlin town line. This unique offering includes four residential units across 287 Kensington Avenue and 301 Kensington Avenue (also known as 2 High Road, Berlin), providing immediate income potential and long-term upside. 287 Kensington Avenue features two oversized apartments, each approximately 1,466 square feet, with private balconies and garage parking. Both units are currently not occupied, offering flexibility for an owner-occupant or investor to lease at current market rents and maximize income. 301 Kensington Avenue/2 High Road is a fully renovated two-family property consisting of two updated 2-bedroom, 1-bathroom apartments. Renovated down to the studs, the building offers modern finishes, updated systems, and separate utilities, with tenants responsible for their own utility expenses. The combined site offers excellent visibility, strong traffic exposure, and potential future development or expansion opportunities, subject to municipal approvals. Conveniently located near Route 9, I-84, CCSU, downtown New Britain, major employers, shopping, and dining. Whether you're seeking a turnkey multifamily investment, owner-occupied opportunity, or a property with future development potential, this offering delivers strong fundamentals in a prime Central Connecticut location.

Listing Courtesy of Lakeshore Realty