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232 Glen St
New Britain, CT 06051

Multifamily Property For Sale · 4 Units

Investment Highlights

  • this property is just minutes from local amenities, parks, and shopping centers with the convenience of nearby highways

Executive Summary

Welcome to 232 Glen St, New Britain-an exceptional multi-family investment opportunity offering TWO 2-family Buildings and a Commercial-Sized Garage, all in a desirable and growing area. The meticulously maintained Front Building features two spacious 3-bed, 1-bath units. The first-floor unit, currently vacant with a market rent of $1,940, showcases a large living room, dining area, and kitchen, along with three generously sized bedrooms, each with ample closet space and in-unit laundry. The second-floor unit, leased for $1,900, has the same layout and includes laundry access in the shared basement. Bonus, the first-floor unit offers central air, while the second-floor is ready for an easy AC upgrade with just a condenser needed. The Rear Building offers two 2-bedroom, 1-bath units. The first-floor unit stands out with impressive 9-foot ceilings, giving the space an airy, open feel. This unit is rented to a long-term tenant for $1,600 with utilities included, as is the second-floor unit, also leased for $1,600. A highlight of this property is the custom-built commercial garage with/ 9-ft garage doors. Currently used by the owner, it features electricity and could easily be rented out to generate additional revenue. Located in the heart of New Britain, this property is just minutes from local amenities, parks, and shopping centers with the convenience of nearby highways, public transportation, and major employers ensuring strong rental demand for years to come.

PROPERTY FACTS

Price Per Unit $231,319 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 4,000 SF
No. Stories 2
Year Built 1900

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NBRI-000009B-000000-C000046
Land Assessment
$56,499 CAD
Improvements Assessment
$299,234 CAD
Total Assessment
$355,733 CAD

zoning

Zoning Code T
T
  • Listing ID: 33936870

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: 232 Glen St, New Britain, CT 06051

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