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Map
$299,900
●
Multifamily -
In Contract
62 Fairview Street
New Britain, Connecticut 06051
8 Beds
4 Baths
3992 Sqft
$2,194
Estimated Monthly
$0
HOA / Fees
45.13%
Cap Rate
About This Property
INVESTMENT OPPORTUNITY: This listing presents two distinct
buildings, both two-family houses. Building 1 is 1876 SF 8 rooms, 4
bedrooms, 2 baths. Despite currently suffering from fire damage and
being vacant, the property holds significant potential for
renovation and rejuvenation. Building 2 is 2116 8 rooms, 4
bedrooms, 2 baths, fully rented w/ month to month tenants. Bldg 2
is located behind Bldg 1. on the same lot. All units are equipped
with natural gas heating and hot water systems, enhancing
efficiency and appeal. Excellent potential for a cash investor or a
FHA 203K owner occupied buyer.
Unit Size
3,992Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$75
Property Type
Multifamily
Property Taxes
$721
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (Smart MLS #170624633)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Price Decreased |
$299,900
↓ $25K
(7.7%)
|
|
| Price Decreased | |||
| Mar 7, 2024 | Listed by Coldwell Banker Calabro | $325,000 | |
| Listed by Coldwell Banker Calabro | |||
Property Highlights
Parking Details
Garage Features: None
Interior Details
Bedroom Information
Bedrooms: 8
Bathroom Information
Full Bathrooms: 4
Total Bathrooms: 4
Room Information
Total Rooms: 16
Laundry Room Info: All Units Have Hook-Ups
Basement Information
Has Basement
Full, Unfinished
Exterior Details
Property Information
Total Heated Above Grade Square Feet: 3992
Year Built Source: Public Records
Year Built: 1900
Building Information
Foundation Type: Concrete
Roof: Asphalt Shingle
Architectural Style: 4updown - Unit(s) per Floor
Exterior: Sidewalk, Lighting
Financial Details
Property Tax: $8,650
Tax Year: July 2023-June 2024
Assessed Value: $225,960
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Hot Air
Heating Fuel: Natural Gas
Hot Water: Other
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Location Details
Washer/Dryer/Hook Up in Unit: Yes
62 Fairview Street
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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
9
Beds
3
Baths
4,176 ft²
$81/ft²
$340,000
Nov 17, 2023
$340,000
Feb 29, 2024
$700/mo
Sold
Multifamily
9
Beds
3
Baths
2,916 ft²
$117/ft²
$342,500
Feb 5, 2024
$342,500
Mar 15, 2024
$615/mo
Sold
Multifamily
Stu
-
3,973 ft²
$86/ft²
$343,000
Sep 27, 2023
$343,000
Dec 28, 2023
$519/mo
Sold
Multifamily
9
Beds
3
Baths
5,873 ft²
$48/ft²
$280,000
Jul 4, 2023
$280,000
Nov 8, 2023
$828/mo
Sold
Multifamily
6
Beds
3
Baths
3,754 ft²
$95/ft²
$355,900
Apr 26, 2023
$355,900
Oct 2, 2023
$741/mo
Sold
Multifamily
6
Beds
3
Baths
3,269 ft²
$106/ft²
$347,500
Jul 26, 2023
$347,500
Sep 5, 2023
$582/mo
Active
Multifamily
4
Beds
3
Baths
3,280 ft²
$98/ft²
$319,900
Jan 20, 2024
-
$370/mo
In Contract
Multifamily
6
Beds
3
Baths
3,321 ft²
$105/ft²
$349,900
Jan 24, 2024
-
$602/mo
In Contract
Multifamily
6
Beds
4
Baths
2,692 ft²
$106/ft²
$285,000
Oct 16, 2023
-
$498/mo
In Contract
Multifamily
6
Beds
2
Baths
2,574 ft²
$116/ft²
$299,000
Mar 14, 2024
-
$526/mo
In Contract
Multifamily
4
Beds
2
Baths
2,244 ft²
$123/ft²
$274,900
Jun 7, 2023
-
$519/mo
In Contract
Multifamily
4
Beds
4
Baths
2,918 ft²
$116/ft²
$339,000
Oct 16, 2023
-
$559/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
62 Fairview Street
62 Fairview Street, New Britain, CT 06051
- 1 Unit for Sale
About New Britain
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Listed by: Michael Calabro
Coldwell Banker Calabro
Last Updated: 2 months ago
Data Source: Smart MLS, MLS# 170624633
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.
Coldwell Banker Calabro
Last Updated: 2 months ago
Data Source: Smart MLS, MLS# 170624633
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
