22 School Street Coming Soon Save Request In-Person Tour Request Virtual Tour
New Britain,CT 06051
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $172
MLS Listing ID 24097307
Style Units on different Floors
Bedrooms 6
Full Baths 2
Year Built 1962
Annual Tax Amount $5,277
Lot Size 6,098 Sqft
Property Sub-Type 2 Family
Property Description
Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP rate based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain.
Location
State CT
County Hartford
Zoning OP
Rooms
Basement Full,Unfinished,Interior Access,Concrete Floor,Full With Walk-Out
Interior
Heating Baseboard,Gas on Gas
Cooling None
Exterior
Exterior Feature Porch-Enclosed,Porch
Parking Features None,Off Street Parking,Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed