380 Arch Street

New Britain, CT 06051 Directions
$600,000
  • 8Bed
  • 5Baths
  • 4,030Sqft
  • 0.09Acres
  • 1900Built
  • $149Price/Sqft

Property Highlights

  • High School: Per Board Of Ed
  • Days on Market: 18
  • MLS: 24144818
  • Listing Pending

Property Highlights

  • High School: Per Board Of Ed
  • Days on Market: 18
  • MLS: 24144818
  • Listing Pending

Excellent investment opportunity in the desirable city of New Britain with this 5-unit mixed-use property. The building features one street-level commercial unit and four residential apartments above, offering a solid income-producing opportunity. The residential unit mix includes one 1-bedroom apartment and three 2-bedroom apartments, all of which are well cared for with various updates such as vinyl plank flooring and select kitchen and bathroom improvements. Rents are currently below market, presenting excellent upside potential for a new owner. Utilities are fully separate and tenant-paid, with each apartment and the commercial unit equipped...

Property Highlights

  • High School: Per Board Of Ed
  • Days on Market: 18
  • MLS: 24144818
  • Listing Pending

Excellent investment opportunity in the desirable city of New Britain with this 5-unit mixed-use property. The building features one street-level commercial unit and four residential apartments above, offering a solid income-producing opportunity. The residential unit mix includes one 1-bedroom apartment and three 2-bedroom apartments, all of which are well cared for with various updates such as vinyl plank flooring and select kitchen and bathroom improvements. Rents are currently below market, presenting excellent upside potential for a new owner. Utilities are fully separate and tenant-paid, with each apartment and the commercial unit equipped with its own electric panel, gas heating system, and hot water tank. Heating, hot water, and cooking are all gas. Additional highlights include on-street parking and no on-site laundry, helping to keep operating expenses and maintenance minimal. This is a strong investment opportunity in a growing market with room to increase returns. Ideally located with easy access to downtown, shopping, dining, and a wide variety of local amenities-making it highly attractive to both residential and commercial tenants.

Excellent investment opportunity in the desirable city of New Britain with this 5-unit mixed-use property. The building features one street-level commercial unit and four residential apartments above, offering a solid income-producing opportunity. The residential unit mix includes one 1-bedroom apartment and three 2-bedroom apartments, all of which are well cared for with various updates such as vinyl plank flooring and select kitchen and bathroom improvements. Rents are currently below market, presenting excellent upside potential for a new owner. Utilities are fully separate and tenant-paid, with each apartment and the commercial unit equipped with its own electric panel, gas heating system, and hot water tank. Heating, hot water, and cooking are all gas. Additional highlights include on-street parking and no on-site laundry, helping to keep operating expenses and maintenance minimal. This is a strong investment opportunity in a growing market with room to increase returns. Ideally located with easy access to downtown, shopping, dining, and a wide variety of local amenities-making it highly attractive to both residential and commercial tenants.

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  • Additional Information
    • Average Days On Market: 18
    • Basement Description: Partial, Unfinished
    • Days On Market: 18
    • Elementary School: Per Board of Ed
    • Gross Expenses: 24605
    • Gross Income: 72960
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 4,030
    • Property Tax: $9,558
    • Sewer: Public Sewer Connected
    • Status: Under Contract
    • Style: Units on different Floors, Units are Side-by-Side
    • Subtype: 5 Family+
    • Tax Amount: $9,558
    • Tax Year: July 2025-June 2026
    • Type: Multi-Family For Sale
    • Unit Count: 5
    • Year Built: 1900
    • Year Built Details: Public Records
    • Zoning: CBD
  • Amenities
    • Medical Facilities
    • Park
    • Playground/Tot Lot
    • Public Rec Facilities
    • Public Transportation
    • Shopping/Mall
  • Interior/Exterior Features
    • Air Conditioning: Window Unit
    • Beds: 8
    • Cooling: Window Unit
    • Exterior Features: Sidewalk,Gutters,Lighting
    • Exterior Siding: Vinyl Siding, Brick
    • Full Baths: 5
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: Natural Gas, Tank Size Unknown
    • House Color: white & gray
    • Roof: Asphalt Shingle
    • Rooms: 16
    • Total Baths: 5

Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty.

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