78 Rhodes St, New Britain, CT 06051
- $489,111
- 6
- BD
- 2,723
- SqFt
- List Price
- $489,111
- Status
- ACTIVE
- MLS#
- 24197311
- Year Built
- 1880
- Bedrooms
- 6
- Acres
- 0.32
- Living Area
- 2,723
- Neighborhood
- N/A
Property Description
Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset. Highest & Best by Sunday at 5.
Additional Information
- Taxes
- $7,970
- Lot Size
- 13,939
- Heating
- Baseboard
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full
- Elementary School
- Per Board of Ed
- High School
- New Britain
Mortgage Calculator
Listing courtesy of Lisa Cozzi from Century 21 AllPoints Realty. (860) 508-2102 (860) 263-2121
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