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$ 880,000
Est. payment /mo
New
45 Dunlay Street New Britain, CT 06051
11 Beds
8 Baths
8,840 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 8,840 sqft
Price per Sqft $99
MLS Listing ID 24134991
Style Units on different Floors,Units are Side-by-Side
Bedrooms 11
Full Baths 8
Year Built 1966
Annual Tax Amount $26,277
Lot Size 0.430 Acres
Property Sub-Type 5 Family+
Property Description
Welcome to 33-45 Dunlay Street, New Britain, CT 18-Unit Brick Multifamily Portfolio | Two Adjacent Buildings | $22K+ Current Monthly Income Excellent opportunity to acquire a solid, income-producing multifamily package in New Britain. This offering consists of two side-by-side brick apartment buildings totaling 18 units - 3 two-bedroom apartments and 15 one-bedroom apartments - across two separate tax parcels being sold together as a package. The property is currently grossing over $22,000 per month, with projected potential exceeding $25,000+ per month through continued rent optimization. Ownership currently pays for heat and hot water, providing an opportunity to further improve NOI with utility restructuring over time. These well-maintained brick assets offer strong in-place cash flow, stable tenant base, and value-add potential in a growing rental market. Highlights: 18 total units (3x 2BR, 15x 1BR) Two separate tax parcels and listings sold as a package for a total of $1,980,000. Solid brick construction Current gross rent roll: $22,000+/month Pro forma gross rent: $25,000+/month Owner pays heat & hot water Convenient New Britain location near major employers, highways, and amenities This property is sold as a package with 33-45 Dunlay St New Britain, adjacent parcels- for a total purchase of $1,980,000.
Location
State CT
County Hartford
Zoning A2
Rooms
Basement Full
Interior
Heating Gas on Gas
Cooling Window Unit
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Gable
Building
Lot Description Level Lot, On Cul-De-Sac
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Smith
High Schools Per Board Of Ed
Listed by Joseph Ireland • Alpha Capital Realty, LLC