250 North Street, New Britain, CT 06051
Local realty services provided by:ERA Insite Realty Services
250 North Street,New Britain, CT 06051
$1,825,000
- 21 Beds
- 15 Baths
- 10,980 sq. ft.
- Multi-family
- Active
Listed by: thuyan tran(860) 308-6115
Office: oxford realty(203) 314-4219
MLS#:24197237
Source:CT
Price summary
- Price:$1,825,000
- Price per sq. ft.:$166.21
About this home
Excellent opportunity to acquire a 16-unit mixed-use investment property strategically positioned along one of New Britain's primary commercial corridors. The property consists of 12 residential units (six 2-bedroom/1-bath units and six 1-bedroom/1-bath units) and four street-level commercial spaces, offering investors a diversified income stream. The commercial component is fully leased to a nail academy (occupying two storefronts), a pizzeria, and a mini market. The nail academy has made substantial tenant improvements, including the installation of commercial HVAC systems, ventilation, and interior build-outs, reflecting a long-term commitment to the property. The residential apartments are separately metered for electricity, with the landlord responsible for heat and hot water. Commercial tenants is responsible for their own utilities (separately metered), reducing operating expenses and enhancing the property's income profile. The asset provides strong in-place cash flow with additional upside through residential rent growth as units turn over. Additional highlights include ample on-site parking, excellent street frontage and visibility, and a high-traffic location. Conveniently located just minutes from Central Connecticut State University (CCSU), Downtown New Britain, CTfastrak, and major highways including Route 9, Route 72, and Interstate 84....
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Home facts
- Year built:1908
- Listing ID #:24197237
- Added:98 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Bedrooms:21
- Total bathrooms:15
- Full bathrooms:15
- Rooms Total:45
- Basement Description:Full Basement
- Living area:10,980 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat
- Year built:1908
- Building area:10,980 sq. ft.
- Lot area:0.64 Acres
- Construction Materials:Brick
Schools
- High school:New Britain
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$1,825,000
- Price per sq. ft.:$166.21
- Tax amount:$20,764 (July 2026-June 2027)
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