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93 Gold Street, New Britain CT 06053
Current Price: $660,000
12 beds
6 baths
4212 sq. ft
Last Update: 6/24/2025
Property Type: Multi-Family For Sale
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.
Broad Street to Gold Street.
MLS #: 24069430
Style: 3updown - Unit(s) per Floor
Color: White
Total Rooms:
Bedrooms: 12
Bathrooms: 6
Acres: 0.14
Year Built: 1910 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $9,456
Zoning: A2
Mil Rate:
Assessed Value: $238,840
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 4212; below grade sq feet total is ; total sq ft is 4212
Laundry Location & Info: | All Units Have Hook-Ups |
Fireplaces: | 0 |
Basement Desc.: | Full |
Exterior Siding: | Vinyl Siding |
Foundation: | Concrete |
Roof: | Asphalt Shingle |
Parking Spaces: | 0 |
Driveway Type: | Paved |
Garage/Parking Type: | None,Paved,Driveway |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Level Lot |
Nearby Amenities: | Public Transportation,Walk to Bus Lines |
In Flood Zone: | 0 |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Baseboard.
Cooling: None
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate: Per Board of Ed
Middle: Per Board of Ed
High School: Per Board of Ed
Current List Price: $660,000
Original List Price: $689,000
DOM: 158
Listing Date: 1/17/2025
Last Updated: 4/14/2025 2:48:54 PM
List Agent Name: Gary Thompson
List Office Name: CT Realty Consultants