NOT LISTED FOR SALE

40 Shuttle Meadow Ave New Britain, CT 06051

7 Beds
4 Baths
5,256 Sq Ft
6,098 Sq Ft Lot

Last Sold April 17, 2017

Last sale price $275,000 $52 Per Sq Ft

143 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 5-minute walk to Martha Hart Park
  • Porch

About This Home

As of April 2017

This is a unique must see investment opportunity! This home generates $ 3,968 monthly, $47,616 yearly with the potential of $4,675 monthly and $57, 000 yearly. This home has an excellent long term tenant history and profiles with leases and has been running like this for over 20 years with the same owner. It has been meticulously maintained inside and out including mechanicals. It is a legal 4 family with 4 separate utility panels. All electrical and plumbing has been updated. There are breaker panels and sub panels in each unit. There is a fire sprinkler system throughout the entire house! All apartments have a stove, refrigerator, washing machine and dryer and the second and fourth floors have dishwashers (this makes renting more desirable), all included with this property! The roof is brand new in 2016 with new skylights. The basement is extremely clean with a lot of storage space for working and storage and comes with a lot of extra house materials, including 4th unit blueprints that can be used for other houses.

Last Agent to Sell the Property

Cheryl Gregory

Classic Real Estate LLC License #REB.0788757 Listed on: 07/27/2016

Last Buyer's Agent

Debbi Cotterell

Blue Luxury Holding License #RES.0801344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,649

Year Built

  • Built in 1926

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 4 Full Bathrooms
  • 5,256 Sq Ft Home
  • 4-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Schools

  • Pboe Elementary School
  • New Britain High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,649

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 4updown - Unit(s) per Floor
  • Total Sq Ft: 5256
  • Year Built: 1926
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Corbin Ave to Shuttle Meadow Rd
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 4
  • Basement Description: Full
  • Laundry Room Location: Upper Level
  • Attic: No
  • Stories Number Of: 4
  • Street Number Modifier: 40

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 3
  • Driveway Type: Asphalt
  • Total Parking Spaces: 8

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Electric, 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: PBOE
  • High School: New Britain

Lot Info

  • Acres: 0.1400
  • Lot Description: Level Lot

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 4
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6649
  • Total Assessed Value: 131670
  • Mil Rate Total: 50.500
  • Assessor Parcel Number: 650199

MLS Schools

  • Elementary School: PBOE
  • 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 Change Sq Ft Price
04/17/2017 04/17/17 Sold $275,000 -16.6% $52 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $329,900 0.0% $63 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $329,900 -- $63 / 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
2024 $9,844 $248,640 $42,910 $205,730
2023 $9,518 $248,640 $42,910 $205,730
2022 $7,983 $161,280 $19,740 $141,540
2021 $7,983 $161,280 $19,740 $141,540
2020 $8,145 $161,280 $19,740 $141,540
2019 $8,145 $161,280 $19,740 $141,540
2018 $8,145 $161,280 $19,740 $141,540
2017 $6,649 $131,670 $18,130 $113,540
2016 $6,649 $131,670 $18,130 $113,540
2015 $6,452 $131,670 $18,130 $113,540
2014 $6,452 $131,670 $18,130 $113,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10155877

SmartMLS

APN: NBRI 79700040