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Off market
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  • $2,094,200

    14 Crown St, New Britain, CT 06053

    --beds
    0baths
    15,528sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $2,094,200 Zestimate®
    $135/sqft
    $1,456 Estimated rent

    Home value

    $2,094,200

    $1.72M - $2.60M

    $1,456/mo

    Zestimate® history
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    Owner options

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    $1,456/mo

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    $1,456/mo

    Rent Zestimate®

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    $12,623/mo

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    $12,623/mo

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    What's special

    Now is the chance to own the beautifully cash flowing property known as Cambridge Court Apartments offered at a 8.9% CAP. This property consists of 18 apartments spread out between 5 buildings on one beautiful 0.44 acre lot. On this lot are (2) 6-families, (1) 3-family, (1) 2-family, (1) single family. The tremendous unit mix is comprised of 16 two-bedrooms and 2 three-bedrooms, with great potential for value-add. Coin-Operated laundry provides extra income and utilities are paid by tenants. Majority of boilers are brand new! This wonderful opportunity is also located directly across the street from a new $1-billion, privately financed Energy and Innovation Center expected to bring 2,500 jobs to New Britain.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Coin Op Laundry
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 15,528 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Features: Level
    Details
    • Parcel number: 642319
    • Zoning: A2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: New Britain

    HOA & financial

    Other financial information
    • Total actual rent: 1195000

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Natural Gas
    • Roof: Asphalt
    • Basement: Unfinished
    • AssociationYN: 0
    • HeatingYN: true
    • ConstructionMaterials: Frame, Vinyl Siding
    • NumberOfUnitsTotal: 18
    • LotFeatures: Level
    • Cooling: Window Unit(s)
    • Zoning: A2
    • ParkingFeatures: Off Street, Parking Lot
    • FoundationDetails: Concrete
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 1195000.00
    • LaundryFeatures: Coin Op Laundry
    • ArchitecturalStyle: Units on different Floors
    • MlsStatus: Show
    • GrossIncome: 174684
    • NetOperatingIncome: 106682
    • OperatingExpense: 59267

    Price history

    DateEventPrice
    3/4/2020Sold$1,100,000$71/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Find assessor info on the county website

    Neighborhood: 06053

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,094,200
    2% more
    +$41,884
    With Zillow Showcase(estimated)
    $2,136,084