70 days on market
Under Contract
More about this Property

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525 Allen Street, New Britain CT 06053

Current Price: $239,900

2 beds 2 baths 1498 sq. ft

Last Update: 11/21/2024

Property Type: Multi-Family For Sale

Public Remarks

Investor Opportunity: Prime Two-Family This renovated two-family property offers a remarkable investment opportunity in the heart of Central Connecticut. Each unit has been meticulously updated to appeal to modern renters, featuring a host quality finishes and contemporary amenities. The interior boasts brand-new shaker-style kitchen cabinets, complemented by sleek granite countertops that add both elegance and durability. Updated bathrooms showcase modern fixtures and finishes, enhancing the overall appeal. The property also includes newer appliances throughout, ensuring efficiency and reliability for future tenants. Additionally, the refinished hardwood floors provide a warm and inviting atmosphere, blending classic charm with contemporary style. Strategically located just minutes from Central Connecticut State University, this property is ideally situated for attracting a steady stream of potential renters, including students, faculty, and university staff. Its proximity to the university and other local amenities makes it a highly desirable choice for those seeking convenience and comfort. This property is move-in ready and offers an excellent return on investment. Dont miss the chance to acquire a well-located, beautifully updated two-family unit with strong rental potential.

Map to Property at 525 Allen Street, New Britain CT 06053


Stanley St To Allen

Residential Property Information for 525 Allen Street, New Britain CT 06053

MLS #: 24038849

Style: Units on different Floors

Color: Yellow

Total Rooms:

Bedrooms: 2

Bathrooms: 2

Acres: 0.18

Year Built: 1920 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $4,672

Zoning: T

Mil Rate:

Assessed Value: $118,020 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 1498; below grade sq feet total is ; total sq ft is 1498

Features
Laundry Location & Info: All Units Have Hook-Ups 
Fireplaces: 0
Energy Features: Thermopane Windows
Energy Features: Thermopane Windows
Attic: Access Via Hatch
Basement Desc.: Full,Full With Hatchway
Exterior Siding: Aluminum
Exterior Features: Porch
Foundation: Concrete
Roof: Asphalt Shingle
Parking Spaces: 0
Garage/Parking Type: None,Paved,Off Street Parking
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: City Views
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System Natural Gas,30 Gallon Tank

Heat Type: Baseboard

Fueled By: Natural Gas.

Cooling: Window Unit

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: New Britain

Marketing History

Current List Price: $239,900

Original List Price: $299,000

DOM: 70

Listing Date: 8/9/2024

Last Updated: 11/5/2024 4:04:34 PM

Listing Agent and Broker

List Agent Name: Santo Gulino

List Office Name: William Raveis Real Estate