NOT LISTED FOR SALE

35 Austin St New Britain, CT 06051

4 Beds
4 Baths
3,156 Sq Ft
0.25 Acres

Last Sold January 11, 2022

Last sale price $275,000 $87 Per Sq Ft

10 Days on Market

Highlights

  • Partially Wooded Lot
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Coin Laundry

About This Home

As of January 2022

Well maintained four unit building. This property makes a perfect investor opportunity or there is a possible option to occupy one unit and let the tenants pay your mortgage! All utilities are separate by unit and the building features 4 gas heating systems, 4 gas hot water heaters, 5 updated electrical panels one of which is an owners meter, 8 parking spots, yard space, replacement windows and more. The four units are identical in layout. Each unit features a large kitchen with eat in space or room for a couch and sitting area. The kitchens have gas cooking, dishwashers, a pantry closet and three of the four units have center islands. The living rooms are spacious with hardwood flooring and a closet, which allows them to be possible second bedrooms and allows for the potential to increase the rents. The bedrooms also have hardwood floors. The bathrooms are located in the bedrooms. The building has coin operated laundry which generates approximately $150 of additional revenue each month. All units are rented for $800 per month with tenant paid utilities. Building also has a centralized fire alarm system in place. This is a great opportunity and should not be missed.

Last Agent to Sell the Property

Evan Berman

William Raveis Real Estate License #RES.0772548 Listed on: 11/17/2021

William Raveis Real Estate

Last Buyer's Agent

Anthony Opalenik

Eagle Eye Realty PLLC License #REB.0792926

Eagle Eye Realty PLLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,584

Year Built

  • Built in 1915

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,156 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Coin Laundry
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,584

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3156
  • Public Record Living Room Sq Ft: 3156
  • Total Sq Ft: 3156
  • Year Built: 1915
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5184
  • Directions: East Street to Austin St
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Full With Hatchway
  • Laundry Room Location: Coin op laundry in basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 35

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • 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

Schools

  • Elementary School: Per Board of Ed
  • High School: New Britain

Lot Info

  • Acres: 0.2500
  • Lot Description: Level Lot, Lightly Wooded
  • Zoning: T

Multi Family

  • Gross Annual Income: 40200
  • Net Operating Income: 22840
  • Unit Count: 4
  • Total Multi Family: 12
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6584
  • Total Assessed Value: 133000
  • Mil Rate Base: 49.500
  • Mil Rate Total: 49.500
  • Assessor Parcel Number: 638991

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New Britain

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/11/2022 01/11/22 Sold $275,000 0.0% $87 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $275,000 -- $87 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

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 $8,096 $206,640 $48,370 $158,270
2024 $8,181 $206,640 $48,370 $158,270
2023 $7,910 $206,640 $48,370 $158,270
2022 $6,584 $133,000 $22,260 $110,740
2021 $6,584 $133,000 $22,260 $110,740
2020 $6,717 $133,000 $22,260 $110,740
2019 $6,717 $133,000 $22,260 $110,740
2018 $6,717 $133,000 $22,260 $110,740
2017 $5,787 $114,590 $22,260 $92,330
2016 $5,787 $114,590 $22,260 $92,330
2015 $5,615 $114,590 $22,260 $92,330
2014 $5,615 $114,590 $22,260 $92,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170451483

SmartMLS

APN: NBRI 02600035