Description
Fantastic Investment Opportunity! Rarely available, fully occupied 6-unit brick building-each unit offering 3 bedrooms and 1 bathroom. This well-maintained property features numerous updates, including renovated kitchens and bathrooms, updated flooring, fresh paint, and modern fixtures throughout. Major capital improvements have already been completed, with all furnaces and water heaters replaced within the past 8 years. The roof and thermopane windows are approximately 12 years old. The property offers a private driveway with ample off-street parking for up to 9 vehicles and is fully fenced for added privacy. Each unit has separate utilities, with tenants responsible for, helping to minimize owner expenses. Rents are currently below market, presenting a strong value-add opportunity with upside potential. Current cap rate is approximately 8%. Ideally located within walking distance to downtown, shops, restaurants, and public transportation, and just minutes to Walnut Park, The Hospital of Central Connecticut, major highways, and additional amenities.
-
18BEDS
-
0.18ACRES
-
6BATHS
-
01/2 BATHS
-
7,776SQFT
-
$122$/SQFT
School Information
Description
Fantastic Investment Opportunity! Rarely available, fully occupied 6-unit brick building-each unit offering 3 bedrooms and 1 bathroom. This well-maintained property features numerous updates, including renovated kitchens and bathrooms, updated flooring, fresh paint, and modern fixtures throughout. Major capital improvements have already been completed, with all furnaces and water heaters replaced within the past 8 years. The roof and thermopane windows are approximately 12 years old. The property offers a private driveway with ample off-street parking for up to 9 vehicles and is fully fenced for added privacy. Each unit has separate utilities, with tenants responsible for, helping to minimize owner expenses. Rents are currently below market, presenting a strong value-add opportunity with upside potential. Current cap rate is approximately 8%. Ideally located within walking distance to downtown, shops, restaurants, and public transportation, and just minutes to Walnut Park, The Hospital of Central Connecticut, major highways, and additional amenities.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-19T10:10:00.293.