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$ 475,000
Est. payment /mo
Under Contract
133 Jubilee Street New Britain, CT 06051
9 Beds
3 Baths
3,004 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,004 sqft
Price per Sqft $158
MLS Listing ID 24134099
Style Units on different Floors
Bedrooms 9
Full Baths 3
Year Built 1885
Annual Tax Amount $7,849
Lot Size 0.270 Acres
Property Sub-Type 2 Family
Property Description
Turnkey CASH COW ready for milking. Fully renovated and income-producing, this spacious 2-family property at 133 Jubilee Street offers 3,004 sqft of modern living space on a 0.27-acre corner lot near Chelsea Park and the Newington town line. Unit 1 features 3 bedrooms and 1 full bathroom on the first floor. Unit 2 spans the second and third floors, offering 6 bedrooms and 2 full bathrooms, totaling 6 bedrooms and 2 full bathrooms across both units. The property has undergone extensive renovations including new insulation, vinyl siding, electrical panels and wiring, switches, receptacles, drywall, flooring, interior paint, kitchen countertops, cabinets, stainless steel appliances, bathroom vanities, toilets, shower/tubs, plumbing, and tile work. With a total monthly rental income of $5,100 and annual expenses of $17,989, the property generates a net income of $61,200 annually, delivering a strong CAP at 12.88%. Additional features include off-street parking and gas baseboard heating. This turnkey investment is ideal for investors or owner occupants seeking high cash flow and long-term upside. MULTIPLE BIDS RECEIVED, HIGHEST AND BEST SUBMITTED BY 6:00 PM MONDAY 10/27.
Location
State CT
County Hartford
Zoning T
Rooms
Basement Partial, Walk-out
Interior
Heating Baseboard, Hot Water
Cooling None
Exterior
Parking Features None, Paved, Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, 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
Listed by Clifton Green • Coldwell Banker Realty