New Britain, CT 06053,531 Allen Street

$220,000

$275,000

20.0%
Est.Price: ?

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Est. payment /mo

8 Beds

3 Baths

3,246 SqFt


SOLD DATE : 11/01/2024

Key Details

Sold Price $220,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,246 sqft

Price per Sqft $67

MLS Listing ID 24038278

Sold Date 11/01/24

Style Units on different Floors

Bedrooms 8

Full Baths 3

Year Built 1870

Annual Tax Amount $3,597

Lot Size 8,712 Sqft

Property Description

Investor Opportunity: High-Cash Flow Potential Attention investors! This property offers significant cash flow potential once completed. The first floor features a 3-bedroom, 1-bathroom unit, while the second floor boasts a spacious 5-bedroom, 2-bathroom unit. Key updates include a newer roof, brand new vinyl siding, and thermal pane windows. The heavy lifting has been done-all rough plumbing, electrical wiring, and panels are completed and ready for final inspection. With an impressive ARV, this property is worth the effort. Permits and work invoices are available upon request. This property is being sold as a package with 525 Allen St. (See MLS # 24038849)

Location

State CT

County Hartford

Zoning T

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Deck

Parking Features None, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools New Britain

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Listed by Santo Gulino • William Raveis Real Estate
Bought with Daniel Rosario • William Raveis Real Estate
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