531 Allen Street

New Britain, Connecticut 06053

Status
For Sale
Square Feet
3,244
Beds
8
Price
$299,000
Type
Multi-Family For Sale
Garages
Baths
3
MLS
24170326

Price

$299,000

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Interior Details

Interior Size
3,244 Sq Ft
Bedrooms
8
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.20 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$4,608
Assessed Value
$117,600
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Investor opportunity in a prime New Britain location! This spacious duplex at 531 Allen St offers exceptional upside potential just minutes from Central Connecticut State University, a major driver of consistent rental demand. The property features two large units, including a 5-bedroom, 2-bath upstairs unit and a 3-bedroom, 1-bath downstairs unit-ideal for maximizing rental income or a house-hacking setup. While the home requires significant interior renovations and new hot water heaters, major exterior improvements have already been completed, including newer vinyl siding, a newer roof, and newer windows. Please note, the sq ft number includes the attic in its current space. Situated in a convenient neighborhood close to highways, shopping, dining, and public transportation, this property is perfectly positioned for investors, flippers, or owner-occupants looking to build equity. Being sold strictly as-is, this is a rare chance to create strong value in a high-demand rental area.
Listed by Newtown Realty LLC, Daniel Orlowski. Data sourced from SmartMLS

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