NOT LISTED FOR SALE

14 Crown St New Britain, CT 06053

Studio
3 Baths
15,528 Sq Ft
19,166 Sq Ft Lot

Last Sold March 04, 2020

Last sale price $1,100,000 $71 Per Sq Ft

48 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Coin Laundry
  • Attic
  • Baseboard Heating
  • Level Lot

About This Home

As of March 2020

Now is the chance to own the beautifully cash flowing property known as Cambridge Court Apartments offered at a 8.9% CAP. This property consists of 18 apartments spread out between 5 buildings on one beautiful 0.44 acre lot. On this lot are (2) 6-families, (1) 3-family, (1) 2-family, (1) single family. The tremendous unit mix is comprised of 16 two-bedrooms and 2 three-bedrooms, with great potential for value-add. Coin-Operated laundry provides extra income and utilities are paid by tenants. Majority of boilers are brand new! This wonderful opportunity is also located directly across the street from a new $1-billion, privately financed Energy and Innovation Center expected to bring 2,500 jobs to New Britain.

Last Agent to Sell the Property

Nick Selca

Lakeshore Realty License #RES.0807545 Listed on: 10/17/2019

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,813

Year Built

  • Built in 1900

Lot Details

  • 19,166 Sq Ft Lot
  • Level Lot

Home Design

  • 15,528 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Attic
  • Unfinished Basement

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Additional Features

  • Coin Laundry
  • Gross Income $174,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,813

Year Built

Built in 1900

Lot Details

0.44 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 15528
  • Total Sq Ft: 15528
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Basement Description: Unfinished
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4400
  • Lot Description: Level Lot
  • Zoning: A2

Multi Family

  • Gross Annual Income: 174684
  • Total Num Of Units: 18

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 18813
  • Mil Rate Base: 50.500
  • Assessor Parcel Number: 642319

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $1,100,000 -7.9% $71 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $1,195,000 -- $77 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,811 $658,770 $49,280 $609,490
2024 $26,081 $658,770 $49,280 $609,490
2023 $25,218 $658,770 $49,280 $609,490
2022 $18,441 $372,540 $16,380 $356,160
2021 $18,441 $372,540 $16,380 $356,160
2020 $18,813 $372,540 $16,380 $356,160
2019 $18,813 $372,540 $16,380 $356,160
2018 $18,813 $372,540 $16,380 $356,160
2017 $18,340 $363,160 $17,010 $346,150
2016 $18,340 $363,160 $17,010 $346,150
2015 $17,795 $363,160 $17,010 $346,150
2014 $17,795 $363,160 $17,010 $346,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170245355

SmartMLS

APN: NBRI-000006A-000000-D000106

Your Personal Tour Guide

Ask me questions while you tour the home.