1. Connecticut
2. New Britain
3. 93 Gold Street

93 Gold Street, New Britain, CT 06053

• 12 beds |
• 6 baths |
• 4,212 sqft

Property Description

Rare opportunity three four bedroom units with two full baths each, renovated with hard wood flooring, granite countertops. See MLS attachments for Financial Analysis. Property generates more than two thousand five hindred dollars a month cash flow in addition to almost $500 a month principal reduction in the first year, cash on cash return of more than 22% and an Before tax ROI of more than 25% a rare opportunity in todays competitive sellers market, especially for multifamily properties. Ideally for investors. Rents are below market value. Only 2nd floor unit is available for 1st showing and 24 hours notice is required until March 1, 2025 when tenant moves out then a lockbox will be installed and no notice will be required. All three units are identical in layout and very similar in condition. Offers with an FHA mortgage are not being considered due to FHA appraisal guideline.

Listing Status:

Active

Date Added:

January 20, 2025 at 12:33AM

Listing Office:

CT Realty Consultants : (860) 777-7170

Listing Agent:

Gary Thompson : (860) 777-7170

MLS ID:

24069430

Interior

• Laundry: All Units Have Hook-Ups
• Basement: Full
• A/C: None
• Heating: BaseboardNatural Gas
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Gary Thompson, CT Realty Consultants