250 North Street, New Britain, CT 06051
250 North Street, New Britain, CT 06051
250 North Street, New Britain, CT 06051
250 North Street, New Britain, CT 06051
250 North Street, New Britain, CT 06051
250 North Street, New Britain, CT 06051
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Islam Ahmad

Islam Ahmad

+1(203) 805-9007
$ 1,825,000
Est. payment | /mo

21 Beds

15 Baths

14,408 SqFt

Save
$ 1,825,000
Est. payment | /mo
Save

21 Beds

15 Baths

14,408 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 14,408 sqft

Price per Sqft $126

MLS Listing ID 24197237

Style Units on different Floors,Other

Bedrooms 21

Full Baths 15

Year Built 1908

Annual Tax Amount $20,764

Lot Size 0.640 Acres

Property Sub-Type 5 Family+

Property Description

Excellent opportunity to acquire a 16-unit mixed-use investment property strategically positioned along one of New Britain's primary commercial corridors. The property consists of 12 residential units (six 2-bedroom/1-bath units and six 1-bedroom/1-bath units) and four street-level commercial spaces, offering investors a diversified income stream. The commercial component is fully leased to a nail academy (occupying two storefronts), a pizzeria, and a mini market. The nail academy has made substantial tenant improvements, including the installation of commercial HVAC systems, ventilation, and interior build-outs, reflecting a long-term commitment to the property. The residential apartments are separately metered for electricity, with the landlord responsible for heat and hot water. Commercial tenants is responsible for their own utilities (separately metered), reducing operating expenses and enhancing the property's income profile. The asset provides strong in-place cash flow with additional upside through residential rent growth as units turn over. Additional highlights include ample on-site parking, excellent street frontage and visibility, and a high-traffic location. Conveniently located just minutes from Central Connecticut State University (CCSU), Downtown New Britain, CTfastrak, and major highways including Route 9, Route 72, and Interstate 84.

Location

State CT

County Hartford

Zoning B1

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Waterfront Description Not Applicable

Roof Type Flat

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools New Britain

Listed by Thuyan Tran • Oxford Realty

Nearby Locations

Islam Ahmad

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(203) 805-9007

islam.realbroker@gmail.com

100 Pearl St, FL 14 Hartford, CT 06103-4500, USA

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250 North Street