multifamily
5,301 SF 5 Family+
445 Columbus Boulevard
New Britain, Connecticut 06051
Price
$1,095,000
Price/SF
$206.56/SF
Building Size
5,301 SF
Lot Size
0.30 acres
Year Built
1962
Units
6
Property Description
Excellent opportunity to acquire a well-maintained 6-unit multifamily property consisting of two buildings on one parcel in New Britain. The property is in excellent condition and has benefited from numerous capital improvements over the years, making it an attractive investment for both seasoned and first-time multifamily investors. Tan building has seen extensive updates, including a new roof, siding, windows, and gas lines, while the brick building features a newer roof, an IBC heating system installed in 2015, and updated electrical service. Additional improvements include a chimney update completed in 2021, newer hot water heaters, and fire code compliance upgrades throughout the properties. All units feature huge sq. ft., separate heat and electric, helping to minimize owner expenses and maximize operating efficiency. Current in-place rents generate approximately $7,425 per month, with one available unit currently being marketed at $1,575 per month, providing immediate income growth potential for a new owner. With strong rental demand, quality building systems, and pride of ownership evident throughout, this turnkey asset offers investors a rare combination of stability, condition, and upside. Whether you're looking to expand your portfolio or complete a 1031 exchange, 445-451 Columbus Boulevard is a solid addition to any investment strategy.
Additional Details
Zoning
T
MLS Number
24184669
Property ID
e9249cfb-992a-4a8a-952a-4345dd4fd280
MLS Information
MLS#: 24184669
Listed by: Premier Re Group LLC
Agent: Michelle Lorenzetti • (860) 335-0681 • michellelorenzetti@sbcglobal.net
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
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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