270 Linwood St, New Britain, CT 06052

$499,900
9
BD
3
BA
4,170
SqFt

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List Price
$499,900
Status
COMING SOON
MLS#
24195809
Year Built
1924
Bedrooms
9
Bathrooms
3
Acres
0.16
Living Area
4,170
Neighborhood
N/A

Property Description

Looking for something with three units that knows how to perform every month? Welcome to the Hardware City, where the cash flow hits just as hard. Unlike some investment properties that need creative math and wishful thinking, this one is already producing strong rental income with its biggest opportunity still sitting vacant. The first floor is ready for an owner occupant or a new tenant, offering the potential to generate approximately $2,000 in additional monthly rental income. Meanwhile, the second floor is rented for $1,800 per month and the third floor for $2,000 per month, both month to month. Live in the vacant unit and let the other two apartments help carry the property, or rent all three and unlock its full income potential. The heavy lifting has already been handled, with recent improvements including new front and rear porches, vinyl windows, updated bathrooms, newer kitchens, newer mechanicals, separate utilities, and gas heat. Three units. One vacant apartment. Nearly $2,000 in immediate additional income potential. No fantasy projections required. Whether you are looking to house hack your way into ownership or add a hard-hitting income producer to your portfolio, 270 Linwood Street is ready to perform.

Additional Information

Taxes
$9,051
Lot Size
6,969
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Full, Unfinished, Concrete
Exterior Features
Balcony
Elementary School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Mike Rethis from Coldwell Banker Realty. (860) 983-3158

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