505 New Britain Road

Berlin, Connecticut 06037

Status
For Sale
Square Feet
3,487
Beds
4
Price
$449,900
Type
Multi-Family For Sale
Garages
Baths
4
MLS
24132852

Price

$449,900

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Interior Details

Interior Size
3,487 Sq Ft
Bedrooms
4
Bathrooms
4
Rooms Total
Garage

Exterior Details

Lot Size
0.10 Acres
Roof
Asphalt Shingle,Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$7,163
Assessed Value
$233,700
Elementary School
Per Board of Ed
Middle School
NULL
High School
Berlin

About Property

Rare Mixed-Use Investment Opportunity in Prime Berlin Location! Don't miss this exceptional chance to own a mixed-use investment property in a high-traffic area of Berlin! This versatile building features four units-including one commercial space on the main level, currently leased as a barber shop, and three residential units The property also includes a full walk-out basement, currently used for storage, offering additional potential. Notable Updates/Features-Full Walk-Out Basement (storage or potential additional use), Roof (Asphalt) 2016, Flat Roof 2023, Water Heater 2020, Forced Hot Air 2000, Electrical Service Upgraded 2000 Excellent visibility in a high-traffic area. Close to train station, restaurants, shops, and all major amenities. Quick access to Route 9, Route 72, and the Berlin Turnpike. Whether you're an investor seeking income-generating property or a business owner looking to offset costs with rental income, this property offers incredible potential. The price reflects the cosmetic updates needed-making this a value-add opportunity with strong upside. Cross Listed MLS#24132857
Listed by Berkshire Hathaway NE Prop., Donna Sienko. Data sourced from SmartMLS

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