CT > New Britain
New Britain, CT 06051,40 Dewey Street
New Britain, CT 06051,40 Dewey Street
New Britain, CT 06051,40 Dewey Street
New Britain, CT 06051,40 Dewey Street
New Britain, CT 06051,40 Dewey Street
New Britain, CT 06051,40 Dewey Street
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Robert Wallace

Robert Wallace

+1(860) 861-0466
$ 699,000
Est. payment | /mo

14 Beds

6 Baths

6,018 SqFt

Save
$ 699,000
Est. payment | /mo
Save

14 Beds

6 Baths

6,018 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 6,018 sqft

Price per Sqft $116

MLS Listing ID 24097416

Style Other

Bedrooms 14

Full Baths 6

Year Built 1900

Annual Tax Amount $12,493

Lot Size 8,712 Sqft

Property Sub-Type 5 Family+

Property Description

CASH FLOW! 9.8% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator!

Location

State CT

County Hartford

Zoning Tod-Em

Rooms

Basement Full, Interior Access

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Molly Sullivan • Century 21 AllPoints Realty
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(860) 861-0466

robwallacere@gmail.com

531 Broad St, New London, CT, 06320, USA

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40 Dewey Street