60-66 Prospect Street
New Britain, Connecticut

Description:

Cash cow available for investors who can think outside the box and wrap their head around this unusual property. Enterprise Zone designation. Annual gross rents for 2025 = $160K, projected 2026 = $165K. These 9 rental units provide excellent steady cash flow. Units range from 1 bedroom to 4 bedrooms. One vacancy (rear building #64) is provided for the new owner to choose to occupy, provide an on-site super, or choose your renter. The 9 total units are split among 3 buildings (#60 Prospect = 4 family, #64 Prospect = 2 family, & #66 Prospect = 3 family) on two adjacent tax parcels. Excellent steady income adjacent to Walnut Hill Park & Hospital of Central CT, easy walk to downtown Main St & CT fastrak busrail. MLS listing combines property taxes & assessments for all three buildings. All three buildings have vinyl replacement windows and updated electrical, heating & plumbing systems. All units have individual utility meters. Lot has assigned spaces for 12 cars with additional unassigned spaces. #60 basement has separate key pad entrance for potential coin op laundry installation. PLEASE READ UPLOADED PROPERTY DOCUMENTS FOR INFORMATION PERTAINING TO EACH BUILDING. Also for sale from this portfolio MLS #s 24206115, 24206376, 24206411, 24206857, 24206202.

Listing Courtesy of William Raveis Real Estate