NOMADEReal Estate

$275,000

Closed

531 Allen Street

New Britain, Connecticut, 06053 · Hartford County

8

Beds

3

Baths

3,246

Sq Ft

1870

Built

MLS # 24038278

Price / Sq Ft

$85

Property Type

Multi-Family For Sale

Lot Size

0.2

Class

Property

About This Property

Investor Opportunity: High-Cash Flow Potential Attention investors! This property offers significant cash flow potential once completed. The first floor features a 3-bedroom, 1-bathroom unit, while the second floor boasts a spacious 5-bedroom, 2-bathroom unit. Key updates include a newer roof, brand new vinyl siding, and thermal pane windows. The heavy lifting has been done-all rough plumbing, electrical wiring, and panels are completed and ready for final inspection. With an impressive ARV, this property is worth the effort. Permits and work invoices are available upon request. This property is being sold as a package with 525 Allen St. (See MLS # 24038849)

Property Details

531 Allen Street, New Britain Connecticut 06053 — Multi-Family For Sale listed at $275,000.

At a Glance

8

Bedrooms

3

Bathrooms

3,246

Sq Ft

0.2

Lot Size

--

Garage

1870

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodHartford
Address531 Allen Street
MLS Number24038278
Year Built1870
Square Footage3,246
Lot Size0.2
Bedrooms8
Bathrooms3
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value90860
Mil Rate Total39.59
Property Tax3597
Tax YearJuly 2024-June 2025

Property Features

Attic DescriptionFinished,Walk-up
Attic YN1
Basement DescriptionFull
Cooling SystemNone
Driveway TypeGravel
Energy FeaturesRidge Vents,Thermopane Windows
Exterior FeaturesDeck
Exterior SidingVinyl Siding
Foundation TypeConcrete
Garage ParkingNone,Off Street Parking,Driveway
Heat Fuel TypeNatural Gas
Heat TypeBaseboard
Hot Water DescriptionNo Hot Water
Laundry Room InfoAll Units Have Hook-Ups
Roof InformationAsphalt Shingle

Location & Community

DirectionsGPS Friendly
Elementary SchoolPer Board of Ed
High SchoolNew Britain
Intermediate SchoolPer Board of Ed
Middle Jr High SchoolPer Board of Ed
Nearby AmenitiesMedical Facilities,Park,Public Transportation,Walk to Bus Lines
NeighborhoodN/A

All Photos (6)

Affordability Calculator

$275,000

Down Payment$55,000
Loan Amount$220,000
Principal & Interest$1,391/mo
Property Tax$275/mo
Insurance$100/mo
Est. Monthly$1,766/mo

Listing Agent

S

Santo Gulino

William Raveis Real Estate

Contact Santo Gulino

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Quick Facts

StatusClosed
TypeMulti-Family For Sale
ClassProperty
MLS #24038278
Last Updated2024-11-05