NOT LISTED FOR SALE

14 Crown St New Britain, CT 06053

Studio
3 Baths
15,528 Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: March 4, 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 #REB.0795957 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: SmartMLS

MLS Number: 170245355

SmartMLS

APN: NBRI-000006A-000000-D000106

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