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24 Rocky Hill Avenue
$342,500

24 Rocky Hill Avenue

9 Beds 3 Baths 2,916 Sq.Ft.

Description

Welcome to this well-maintained 3-family house in the heart of New Britain, CT, presenting a solid investment opportunity with promising returns. The first floor apartment has undergone practical updates, including a refreshed bathroom and remodeled kitchen, creating comfortable living spaces. The third floor mirrors this with updated kitchens, revitalized bedrooms, and a modernized bathroom. The property's exterior has been conscientiously landscaped and cleaned, providing an inviting outdoor space. This well-maintained property stands as a reliable investment option, with updated units contributing to its potential for consistent rental income. Currently yielding $3,550 in rent, the owner is actively working on increasing the rents to $3,900 in March, making it an incredibly lucrative investment for cash flow. It's worth noting that the 3rd floor is equipped with gas heating, providing efficient warmth, while the 1st and 2nd floors utilize electric heat. However, there are three gas meters at the property, allowing for flexibility and potential savings. There are also three water heaters and electrical panels, along with an owner's meter, ensuring convenience and ease of management. **click more to see additional remarks**

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Location

24 Rocky Hill Avenue, New Britain, CT 06051

Status

Sold
Robert Paskiewicz

Robert Paskiewicz

TITLE

Broker | Owner

LICENSE

REB.0792061

Property Amenities

Interior
Appliances Electric Water Heater, Gas Water Heater
Total Bedrooms: 9
Full Bathrooms: 3
Area & Lot
Lot Area 7,405.2 Sq.Ft.
Living area 2,916 Sq.Ft.
MLS® ID 170619574
Year Built 1920
High School New Britain
Middle School Louis Slade
Elementary School Smith
Architecture Styles Units on different Floors
Type Multi-Family
Status Sold
Exterior
Air conditioning None
Heat type Electric, Natural Gas, Baseboard
Water Source Public
Sewer Public Sewer
Parking Paved, Off Street, Driveway
Lot Features Level
Roof Asphalt
Finance
Sales Price $342,500
Real Estate Tax $7,380 yearly

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