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283 New Britain Avenue | 170571584 | Berkshire Hathaway HomeServices New England Properties
Listing provided courtesy of Premier R.E. Investment Group - MLS#170571584MLS Provider

283 New Britain Avenue

Hartford, CT 06106
Multi-Family · 7 Beds · 6 Full Baths · 7,998 Sq. ft. | 0.20 Acres

$1,341,000 Active

Overview

Time on Site:
71 days
Visits:
1

This turnkey asset has it all - condition & stability and huge income potential PLUS right across the street from Trinity College. Excellent unit mix - Four large 1BR's, Two 2BR, one efficiency and two storefronts. Tremendous upside on rents! This building has been meticulously maintained from top to bottom and needs to be appreciated for it's detailed maintenance. New roof, separate utilities, parking in front of building. The pictures tell the story, and whomever purchases this building will enjoy the potential income stream, excellent condition and ideal location. No capital improvements will be needed for some time.

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Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,998
  • Price/Sq.ft. $167
  • Lot 0.20 Acres

General

Association/HOA
  • Association Amenities: None
  • Association: No
School Information
  • Elementary School: Per Board of Ed
  • Middle Or Junior School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
Income/Expenses
  • Gross Income: 109200
  • Net Operating Income: 75640
Listing Information
  • Bank Owned Property: No
  • Listing Type Description: Full Service
  • Potential Short Sale: No
Building Information
  • Home Warranty: No
  • Year Built: 1929
Location/Region
  • County Or Parish: Hartford
  • Neighborhood: Barry Square
Building Exterior/Construction
  • New Construction Type: No/Resale
Community/Development
  • Community Features: Medical Facilities, Private School(s), Public Transportation, Shopping/Mall, Walk to Bus Lines
Tax Information
  • Tax Annual Amount: $24,210.00
General Information
  • Parcel Number: 593142
  • Property Sub Type: 5 Family+
  • Property Type: Multi-Family For Sale
  • Zoning: MS-1
Unit Information
  • Total Numof Units: 9

Interior

Parking Information
  • Garage Spaces: 0
Beds/Baths
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 7
Building Exterior/Construction
  • Construction Description: Brick,Concrete
Building Interior
  • Attic Description: Access Via Hatch
  • Attic: No
  • Energy Features: Storm Doors, Storm Windows
  • Fuel Tank Location: Non Applicable
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank, Natural Gas
  • Laundry Room Info: Common Laundry Area
  • Laundry Room Location: Lower
  • Rooms Total Multi Family: 0
General Information
  • Basement: Full With Walk-Out
  • Cooling: Wall Unit
  • Foundation Details: Concrete
  • Heating: Baseboard
  • Living Area: 7998

Exterior

Building Information
  • Driveway Type: Private, Paved
Parking Information
  • Parking Features: Parking Lot
  • Parking Total: 6
Lot Information
  • Lot Features: Level Lot
  • Lot Size Acres: 0.2
  • Lot Size Source: Public Records
  • Water Source: Public Water Connected, Public Water In Street
Waterfront/View
  • Waterfront Features: Not Applicable
  • Waterfront: No
Building Exterior/Construction
  • Architectural Style: 3updown - Unit(s) per Floor
  • Color: Brick
  • Construction Materials: Brick
  • Roof: Asphalt Shingle
General Information
  • Exterior Features: Sidewalk
  • Number Of Units Total: 9
  • Pool Private: No
  • Sewer: Public Sewer Connected, Public Sewer In Street

Neighborhood

Community

06106 (Hartford) Demographics
34
Median Age
8,788
Population Density (per sq. mile)
20%
College Educated
$37,391
Estimated Median Income
3,550
Estimated Total Home Owners
11,084
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
1
Public
Betances Learning Lab Magnet School
  • Grades: PK - 4
  • Enrollment: 411
2
Public
Breakthrough Magnet School South
  • Grades: PK - 8
  • Enrollment: 327
2
Public
Environmental Sciences Magnet at Hooker School
  • Grades: PK - 8
  • Enrollment: 606
1
Public
Montessori Magnet School
  • Grades: PK - 6
  • Enrollment: 354
Middle Schools
2
Public
Breakthrough Magnet School South
  • Grades: PK - 8 /
  • Enrollment: 327
2
Public
Environmental Sciences Magnet at Hooker School
  • Grades: PK - 8 /
  • Enrollment: 606
1
Public
Greater Hartford Academy of the Arts Magnet Middle
  • Grades: 6 - 8 /
  • Enrollment: 334
1
Public
Montessori Magnet School
  • Grades: PK - 6 /
  • Enrollment: 354
1
Public
Sport and Medical Sciences Academy
  • Grades: 6 - 12 /
  • Enrollment: 643
High Schools
1
Public
Greater Hartford Academy of the Arts High School - Full Day
  • Grades: 9 - 12 /
  • Enrollment: 452
1
Public
Sport and Medical Sciences Academy
  • Grades: 6 - 12 /
  • Enrollment: 643
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$184,190
Median Sales Price
$154
Median Price per Square Foot
20
Properties Sold
3
New on Market
56
Average Days on Market
10
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/14/2023Source: Smart MLS Status Change
Active
9/13/2023Source: Smart MLS Status Change
Under Contract
7/12/2023Source: Smart MLS Added to Database
July 12, 2023