High ceilingsSeparate heat and electricNewer hot water heaters
Rare opportunity - MUST SEE to appreciate! This one has it all - income, condition, stability AND upside. Excellent opportunity to acquire a impeccably maintained 6-unit multifamily property consisting of two buildings on one parcel in New Britain. The property is in excellent condition and has benefited from numerous capital improvements, making it an attractive investment for both seasoned and first-time multifamily investors. Tan building has extensive updates, including a new roof, siding, windows, and gas lines, while the brick building also features a newer roof, heating system and updated electrical service. Additional improvements include a chimney updates completed in 2021, newer hot water heaters, and fire code compliance upgrades throughout both properties. All units feature large sq. ft., with high ceilings, separate heat and electric, helping to minimize owner expenses and maximize operating efficiency. Income approximately $9000. per month. See income/expense disclosure. Plus a 5 bay garage in rear may add additional income. With strong rental demand, quality building systems, and pride of ownership evident throughout, this turnkey asset offers investors a rare combination of stability, condition, and upside - tremendous opportunity to increase income stream between bringing rents to market and renting out the garage spaces. Whether you're looking to expand your portfolio or complete a 1031 exchange, 445-451 Columbus Boulevard is a solid opportunity.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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