multifamily
3,487 SF 4 Family
505 New Britain Road
Berlin, Connecticut 06037
Price
$424,900
Price/SF
$121.85/SF
Building Size
3,487 SF
Lot Size
0.10 acres
Year Built
1900
Units
4
Property Description
Rare Mixed-Use Investment Opportunity in Prime Berlin Location! Don't miss this exceptional chance to own a mixed-use investment property in a high-traffic area of Berlin! This versatile building features four units-including one commercial space on the main level, currently leased as a barber shop, and three residential units The property also includes a full walk-out basement, currently used for storage, offering additional potential. Notable Updates/Features-Full Walk-Out Basement (storage or potential additional use), Roof (Asphalt) 2016, Flat Roof 2023, Water Heater 2020, Forced Hot Air 2000, Electrical Service Upgraded 2000 Excellent visibility in a high-traffic area. Close to train station, restaurants, shops, and all major amenities. Quick access to Route 9, Route 72, and the Berlin Turnpike. Whether you're an investor seeking income-generating property or a business owner looking to offset costs with rental income, this property offers incredible potential. The price reflects the cosmetic updates needed-making this a value-add opportunity with strong upside. Cross Listed MLS#24168825
Additional Details
Zoning
CCD-2
MLS Number
24168821
Property ID
3f42d08e-86e8-4c64-bba4-8be06e819364
MLS Information
MLS#: 24168821
Listed by: Berkshire Hathaway NE Prop.
Agent: Donna Sienko • (860) 841-5880 • donnasienko@bhhsne.com
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
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