1. Connecticut
  2. New Britain
  3. 240 Washington Street
$875,000

240 Washington Street, New Britain, CT 06051

  • 8 baths |
  • 6,353 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $138/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fantastic investment opportunity in Little Poland neighborhood with value add potential! 2 properties, 1 parcel. Front building is a 6 unit brick asset with 4,905 SF - all 1 bed units. Rear building is a 2 family with 1,448 SF - both 2 bed units. Both buildings offer separate and tenant paid utilities - gas heat, hot water and cooking + electric. Some renovations throughout with hardwood floors and unit renovations. Overall well maintained assets. There is also off-street parking for both buildings. Rents are way below market = BIG UPSIDE 13% ROI pro-forma. Amazing location with a short walk to Broad St and all Little Poland has to offer. Do NOT walk the property without an appt.

Listing Status:
Active
Date Added:
June 28, 2025 at 04:18PM
Listing Office:
Oxford Realty : (203) 314-4219
Listing Agent:
Amanda Faroni-Sheehan : (203) 314-4219
MLS ID:
24107816
  • Flooring: TileVinylWall-to-Wall Carpet
  • A/C: Window Unit
  • Heating: BaseboardNatural Gas

This listing courtesy of Amanda Faroni-Sheehan, Oxford Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Smalley Elementary School

175 West St, New Britain, CT, 06051

Grades KG-5

0.74 miles away

H

House of Arts Letters and Science (Hals) Academy

30 Pendleton Rd, New Britain, CT, 06053

Grades 6-8

1.39 miles away

N

New Britain High School

110 Mill St, New Britain, CT, 06051

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.