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416 Park, New Britain, CT 06051
   
416 Park, New Britain, CT 06051
3 Units   |   9 Beds   |   3 Baths   |   3672 Sqft

$575,000
2 Days on Market
SOLD

Great investment property!! don’t miss your opportunity to own this beautifully renovated 3 family, with high market rent yield potential. be the first to occupy this huge, turn key property. offers (3) bedrooms per unit. over 3,600+ sq ft of living space. everything is brand new inside and out including oak hardwood flooring throughout. high efficiency, natural gas fired furnace and hot water heater, combination units. exterior porches. all the latest in fire code compliance. motion sensor, led lighting in all the common stairwells and exterior of the building. separate utilities. electrical panels located in all the units, including an owners service. huge driveway provides plenty of off street parking. big basement for plenty of storage. hard wired smoke/co detectors and emergency lighting throughout the common staircases and fire rated entrance doors. electronic keypad locks on all entrance doors. 4 car garage, can be used for additional storage or rental income. (2) bays are currently rented for $300. each unit would rent for $2,000+ total gross rental income of $6,600+ possible per month. all proper permitting has been taken, inspected and approved. make this your new investment. won't last long!

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Details
  • 0.25 Acres
  • 4 Garage(s)
  • Built in 1905

Additional Details
  • 3-Unit
  • Full Basement
  • 0 Fireplaces

Location
    - No Data -

Utilities
  • Baseboard
  • Natural Gas
  • Public Water
  • Natural Gas Hot Water, Tankless Hot Water
  • Public Sewers

Taxes
  • $234,920 Assessment
  • 38.28 Mill Rate
  • $8,993 Taxes

Schools
  • Per Board of Ed Elementary
  • Per Board of Ed High

Source
  • CT Smart MLS
  • MLS ID 24003384

Real Estate Agent


Map of 416 Park, New Britain, CT 06051

Directions to 416 Park, New Britain, CT 06051


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $575,000   |   Downpayment @ 3.50%: $20,125

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$4,505


Monthly Cost Estimate: $4,505
  • Mortgage: $3,755
  • Taxes: $749
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $54,055
  • Mortgage: $45,062
  • Taxes: $8,993
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $1,641,774
  • Mortgage: $1,351,859
  • Taxes: $269,790
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $20,125

Go To Mortgage Calculator


Real Estate For Sale Similar to 416 Park, New Britain, CT 06051

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This real estate listing for sale at 416 Park has 9 bedrooms, 3 bathrooms, and was built in 1905. It is located in the New Britain, CT area with the 06051 zip code. For more info about the property at 416 Park, New Britain, CT 06051 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.