80 New Britain Avenue, Farmington, Connecticut 06085

$614,900
8
BD
4
BA
3,480
SqFt
List Price
$614,900
Status
ACTIVE
MLS#
170493235
Year Built
1967
Style
Units on different Floors, Units are Side-by-Side
Bedrooms
8
Bathrooms
4
Acres
0.55
Living Area
3,480
Neighborhood
Unionville

Property Description

Attention investors, this cream puff 4 unit brick investment property has a 7.7 cap rate with current below market value rents and a 9.5 cap with market value rents. This building has had extensive work completed within the last 3 years. Each unit is two bedroom one bath. All units renovated, brand new high quality vinyl replacement windows, new bathrooms, new kitchen flooring, hard wood floors refinished, electric services updated with new panels and sub boxes in each apartment, natural gas line brought to the house and four brand new ultra high efficiency Viessmann heat and hot water on demand natural gas heating units installed, new roof, new appliances, all new 90 minute steel fire doors, emergency lighting, hardwired smoke detectors, brand new sewer hook up and more. Almost everything new in building, great tenants, virtually a maintenance free property. Lots of parking large level yard. Tons of storage in clean bright concrete basement, washer dryer hook ups in each apt. Walking distance to Unionville center, close to Uconn Health Center.

Additional Information

Taxes
$7,183
Lot Size
23,958
Waterfront Desc
Not Applicable
Heating
Baseboard, Hot Water
Fuel Type
Natural Gas
Cooling System Type
Window Unit
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Basement
Full, Unfinished, Concrete Floor, Interior Access, Storage
Exterior
Brick
Exterior Features
Garden Area, Gutters, Lighting, Sidewalk
Elementary School
Union
High School
Farmington

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jason Saphire from www.HomeZu.com

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