380 Arch Street

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

Property Highlights

  • Days on Market: 18
  • MLS: 24144821
  • Listing Pending

Property Highlights

  • Days on Market: 18
  • MLS: 24144821
  • 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

  • Days on Market: 18
  • MLS: 24144821
  • 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
    • Area Type: Downtown, Urban
    • Average Days On Market: 18
    • Days On Market: 18
    • Gross Expenses: 24605
    • Gross Income: 72960
    • Is Occupied?: Tenant
    • Living Area SqFt: 4,030
    • Present Use: market, residential
    • Property Tax: $9,558
    • Road Frontage Description: Municipal Street
    • Sewer: Public Sewer Connected
    • Status: Under Contract
    • Tax Amount: $9,558
    • Tax Year: July 2025-June 2026
    • Type: Commercial For Sale
    • Unit Count: 5
    • Utilities Available: Electric, Gas, Phone Available, Cable Available
    • Year Built: 1900
    • Zoning: CBD
  • Amenities
    • Window Display
  • Interior/Exterior Features
    • Air Conditioning: Window Unit
    • Cooling: Window Unit
    • Flooring: Vinyl
    • Full Baths: 5
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Living SqFt Source: Public Records
    • Roof: Asphalt Shingle
    • Stories: 2
    • Total Baths: 5

Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty.

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