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266 High Street
New Britain, CT 06051
Asking Price
$1.32M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 16,498 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 266 & 270 High Street in New Britain, CT (the “Property”). The three-story buildings contain twelve (12) 2-Bedroom/1-Bathroom units, six (6) units at each building, with 11,298 square feet of gross living area in 16,498 square feet of gross area. The Property is situated upon a 0.40-acre parcel and features over eleven (11) off-street parking spaces. </p><p></p><p>266
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NOI
$80,000
Cap Rate
6.06%
DSCR
1.02
Tight
Cash-on-Cash
0.41%
Monthly Payment
$6,530.64
Annual Cash Flow
$1,632.323
