1 /
9
Map
$450,000
●
Multifamily -
In Contract
31 Wallace Street
New Britain, Connecticut 06051
6 Beds
3 Baths
3239 Sqft
$2,874
Estimated Monthly
24.90%
Cap Rate
About This Property
Great opportunity with this fully occupied 3 family on a quiet
street in New Britain! The units are full of character and charm
but updated with modern finishes. All units have 2 bedrooms and 1
bathroom, and both the bedrooms and the bathrooms have been updated
within the recent years. Bathrooms feature beautiful tile showers.
There are laundry hook-ups in each unit for added convenience,
gleaming wood floors, a recently replaced hot water heater, updated
electrical and vinyl replacement windows throughout. The gutters
have also been recently updated. Low expenses with tenant paid
utilities! The 3rd floor has high efficiency electric baseboard,
and the 1st and 2nd floors have natural gas. There is ample
off-street parking and a lovely backyard area for tenants.
Unit Size
3,239Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$139
Property Type
Multifamily
Property Taxes
$664
HOA Dues
-
Year Built
1900
Listed By
Last updated: 26 days ago (Smart MLS #24016925)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Berkshire Hathaway NE Prop. | $450,000 | |
| Listed by Berkshire Hathaway NE Prop. | |||
| May 6, 2021 | Sold to Maria T Santos | $315,000 | |
| Sold to Maria T Santos | |||
| May 2, 2017 | Sold to David Halprin | $135,000 | |
| Sold to David Halprin | |||
Property Highlights
Parking Details
Garage Features: None
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Full Bathrooms: 3
Total Bathrooms: 3
Room Information
Total Rooms: 15
MultiFamily Total Rooms: 15
Laundry Room Info: All Units Have Hook-Ups
Basement Information
Has Basement
Full, Unfinished
Exterior Details
Property Information
Total Heated Above Grade Square Feet: 3239
Year Built Source: Public Records
Year Built: 1900
Building Information
Foundation Type: Brick, Masonry
Roof: Asphalt Shingle
Architectural Style: Units on different Floors
Financial Details
Property Tax: $7,972
Tax Year: July 2023-June 2024
Assessed Value: $118,020
Utilities Details
Cooling Type: Window Unit
Heating Type: Baseboard
Heating Fuel: Electric, Natural Gas
Hot Water: Other
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Location Details
Washer/Dryer/Hook Up in Unit: Yes
31 Wallace Street
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
2
Baths
2,772 ft²
$143/ft²
$395,000
Aug 4, 2023
$395,000
Sep 28, 2023
$563/mo
Multifamily
6
Beds
3
Baths
4,208 ft²
$103/ft²
$435,000
Oct 17, 2023
$435,000
Nov 21, 2023
$674/mo
Sold
Multifamily
6
Beds
3
Baths
4,172 ft²
$98/ft²
$410,000
Mar 29, 2024
$410,000
May 3, 2024
$728/mo
Sold
Multifamily
7
Beds
3
Baths
4,958 ft²
$76/ft²
$376,000
Mar 23, 2024
$376,000
Apr 30, 2024
$623/mo
Sold
Multifamily
4
Beds
2
Baths
2,810 ft²
$133/ft²
$375,000
Nov 10, 2023
$375,000
Feb 16, 2024
$502/mo
Sold
Multifamily
Stu
-
3,016 ft²
$119/ft²
$360,000
Jun 1, 2023
$360,000
Aug 16, 2023
$629/mo
Active
Multifamily
6
Beds
3
Baths
4,152 ft²
$108/ft²
$449,900
Mar 6, 2024
-
$767/mo
In Contract
Multifamily
8
Beds
3
Baths
2,896 ft²
$138/ft²
$399,000
May 17, 2024
-
$584/mo
In Contract
House
3
Beds
3
Baths
2,312 ft²
$167/ft²
$385,000
Apr 18, 2024
-
$592/mo
Active
Commercial
Loft
4
Baths
4,807 ft²
$83/ft²
$399,900
Sep 14, 2023
-
$739/mo
In Contract
Commercial
Loft
3
Baths
4,783 ft²
$78/ft²
$375,000
Mar 13, 2024
-
$1,029/mo
Active
Commercial
Loft
4
Baths
4,807 ft²
$78/ft²
$375,000
May 13, 2024
-
$739/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About New Britain
Similar Homes for Sale
$375,000
- Commercial
- 4 Baths
- 4,807 ft²
$399,900
- Commercial
- 4 Baths
- 4,807 ft²
Nearby Rentals
Listed by: Nadia Goracy
Berkshire Hathaway NE Prop.
Last Updated: 26 days ago
Data Source: Smart MLS, MLS# 24016925
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Berkshire Hathaway NE Prop.
Last Updated: 26 days ago
Data Source: Smart MLS, MLS# 24016925
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
