NOT LISTED FOR SALE

80 New Britain Ave Unionville, CT 06085

8 Beds
4 Baths
3,480 Sq Ft
0.55 Acres Lot

Sale Details

Date Sold: August 1, 2022

Last sale price $610,000 $175 Per Sq Ft

48 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Property is near golf course and public transit
  • Corner Lot
  • Union School Rated A
  • Attic
  • No HOA

About This Home

As of August 2022

Attention investors, this mint condition 4 unit brick investment property has a 8.3 cap rate with current below market value rents and a 9.5 cap with market value rents. This building has had extensive work completed within the last 3 years. Each unit is two bedroom one bath. All units renovated, brand new high quality vinyl replacement windows, new bathrooms, new kitchen flooring, hard wood floors refinished, electric services updated with new panels and sub boxes in each apartment, natural gas line brought to the house and four brand new ultra high efficiency Viessmann heat and hot water on demand natural gas heating units installed, new roof, new appliances, all new 90 minute steel fire doors, emergency lighting, hardwired smoke detectors, brand new sewer hook up and more. Almost everything new in building, great tenants, virtually a maintenance free property. Lots of parking large level yard. Tons of storage in clean bright concrete basement, washer dryer hook ups in each apt. Walking distance to Unionville center, close to Uconn Health Center.

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com License #REB.0788861 Listed on: 05/20/2022

Last Buyer's Agent

Jason Saphire

www.HomeZu.com License #REB.0788861 Listed on: 05/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,311

Year Built

  • Built in 1967

Lot Details

  • 23,958 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 3,480 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Union Elementary School
  • Farmington High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Hot Water Circulator

Additional Features

  • Multiple Entries or Exits
  • ENERGY STAR Certified Homes
  • Property is near golf course and public transit

Listing and Financial Details

  • Exclusions: washing machines and dryers, personal possessions of tenants

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Gross Income $64,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,311

Year Built

Built in 1967

Lot Details

0.55 Acres

Listing Details

  • Neighborhood: Unionville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3480
  • Public Record Living Room Sq Ft: 3480
  • Total Sq Ft: 3480
  • Year Built: 1967
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Lake, Library, Medical Facilities, Park
  • Property Sub Type: 4 Family
  • Exclusions: washing machines and dryers, personal possessions of tenants
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/11/2022
  • Directions: located on corner of New Britain Ave and Wall St, driveway on Wall St
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick, Concrete

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt

Utilities

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

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Energy Star Rated

Lot Info

  • Acres: 0.5500
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Zoning: R9

Multi Family

  • Gross Annual Income: 64740
  • Unit Count: 4
  • Total Multi Family: 20
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 7311
  • Mil Rate Base: 29.320
  • Assessor Parcel Number: 1985435

MLS Schools

  • Elementary School: Union
  • High School: Farmington
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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
08/01/2022 08/01/22 Sold $610,000 -0.8% $175 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $614,900 0.0% $177 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $614,900 -- $177 / 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 $9,706 $364,630 $79,940 $284,690
2024 $9,280 $364,630 $79,940 $284,690
2023 $8,828 $364,630 $79,940 $284,690
2022 $7,311 $249,340 $69,520 $179,820
2021 $7,183 $249,340 $69,520 $179,820
2020 $6,974 $249,340 $69,520 $179,820
2019 $6,974 $249,340 $69,520 $179,820
2018 $6,777 $249,340 $69,520 $179,820
2017 $5,753 $215,640 $72,450 $143,190
2016 $5,559 $215,640 $72,450 $143,190
2015 $5,393 $215,640 $72,450 $143,190
2014 $5,270 $215,640 $72,450 $143,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170493235

SmartMLS

APN: FARM R:1320 N:80

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