CT > New Britain
New Britain, CT 06051,22 School Street
New Britain, CT 06051,22 School Street
New Britain, CT 06051,22 School Street
New Britain, CT 06051,22 School Street
New Britain, CT 06051,22 School Street
New Britain, CT 06051,22 School Street
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Kerry-Ann Lawson

Kerry-Ann Lawson

+1(646) 851-6760
$ 325,000
Est. payment | /mo

6 Beds

2 Baths

1,882 SqFt

Save
$ 325,000
Est. payment | /mo
Save

6 Beds

2 Baths

1,882 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,882 sqft

Price per Sqft $172

MLS Listing ID 24097307

Style Units on different Floors

Bedrooms 6

Full Baths 2

Year Built 1962

Annual Tax Amount $5,277

Lot Size 6,098 Sqft

Property Sub-Type 2 Family

Property Description

Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP rate based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain.

Location

State CT

County Hartford

Zoning OP

Rooms

Basement Full, Unfinished, Interior Access, Concrete Floor, Full With Walk-Out

Interior

Heating Baseboard, Gas on Gas

Cooling None

Exterior

Exterior Feature Porch-Enclosed, Porch

Parking Features None, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description 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

GET MORE INFORMATION

agent
Kerry-Ann Lawson

REALTOR® | Lic# NY:10401292972 CT: RES0813486

+1(646) 851-6760

21 Central Park Avenue, Yonkers, NY, 10705

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22 School Street