158 days on market
Active
More about this Property

If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!


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

Public Remarks

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.

Map to Property at 93 Gold Street, New Britain CT 06053


Broad Street to Gold Street.

Residential Property Information for 93 Gold Street, New Britain CT 06053

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

Features
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
Utility Information

Hot Water System

Heat Type:

Fueled By: Baseboard.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate: Per Board of Ed

Middle: Per Board of Ed

High School: Per Board of Ed

Marketing History

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

Listing Agent and Broker

List Agent Name: Gary Thompson

List Office Name: CT Realty Consultants