57 Whiting Street
New Britain, Connecticut

Description:

Baldwin Pearson & Co., Inc. is pleased to present 57 Whiting Street, New Britain, Connecticut, a rare opportunity to acquire a well-maintained mixed-use investment property featuring 15 apartments and 6 street-level retail spaces. This impressive brick corner asset offers a stable and diversified income stream supported by a desirable mix of residential and commercial tenants. The property is in excellent condition with no anticipated major capital expenditures. Ownership has invested significantly in the asset through extensive apartment renovations, new heating systems, and substantial roofing improvements. The residential component consists of spacious two-, three-, and four-bedroom apartments that continue to experience strong demand from families and working professionals. Ideally located near major economic and employment drivers including The Hospital of Central Connecticut, Downtown New Britain, Central Connecticut State University, and the CTfastrak transit hub, 57 Whiting Street benefits from strong tenant demand and long-term market fundamentals. The property represents a rare combination of strong in-place cash flow, minimal deferred maintenance, and excellent overall condition.

Listing Courtesy of Baldwin Pearson & Co., Inc