About This Home
Excellent opportunity to acquire a well-maintained 6-unit multifamily property consisting of two buildings on one parcel in New Britain. The property is in excellent condition and has benefited from numerous capital improvements over the years, making it an attractive investment for both seasoned and first-time multifamily investors. Tan building has seen extensive updates, including a new roof, siding, windows, and gas lines, while the brick building features a newer roof, an IBC heating system installed in 2015, and updated electrical service. Additional improvements include a chimney update completed in 2021, newer hot water heaters, and fire code compliance upgrades throughout the properties. All units feature huge sq. ft., separate heat and electric, helping to minimize owner expenses and maximize operating efficiency. Current in-place rents generate approximately $7,425 per month, with one available unit currently being marketed at $1,575 per month, providing immediate income growth potential for a new owner. With strong rental demand, quality building systems, and pride of ownership evident throughout, this turnkey asset offers investors a rare combination of stability, condition, and upside. Whether you're looking to expand your portfolio or complete a 1031 exchange, 445-451 Columbus Boulevard is a solid addition to any investment strategy.
Listed by Michelle Lorenzetti (860) 335-0681
with Premier Re Group LLC (860) 335-0681