78 Rhodes St

New Britain CT 06051

2723 sq. ft.

0.32 ac.

Duplex

Currently for sale - view listing

Overview

Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset.

Features

6 bedrooms

3 bathrooms

2723 sq. ft. floor area

0.32 ac. lot size

Duplex

Property history for 78 Rhodes St

2019

Sold

$195,000

28 Jun 2019 by Kamil Andrukiewicz, of Keller Williams Realty

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