41.672832 -72.76814

41 Olive Street NEW BRITAIN, CT 06051

RE/MAX Bell Park Realty
RE/MAX Bell Park Realty
(860) 774-7600
610 Hartford Pike Killingly CT 06241
no name available RE/MAX Bell Park Realty
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300290881 41.672832 -72.76814 221 /listing/300290881-151502762/41-olive-street-new-britain-ct-06051 False 0 319900.0 5642 101 170423707 False
  • $319,900
  • 41 Olive Street NEW BRITAIN, CT 06051
  • 5,642 sqft
  • 0.19 lot
  • Est payment $1717.29/mo

Property & Neighborhood Info

Courtesy Of Maximillian Mikunda, Agnelli Real Estate

Commercial in New Britain

A perfect investment opportunity for the creative investor is here! This property features a fully rented 3- family residence with 2964 sqft of living space currently generating $36,924 gross income per year. The building has newer vinyl siding, a new roof, stainless steel appliances, luxury vinyl plank flooring, updated kitchens, updated bathrooms, and an interior color palette to meet todays desirable standards. All 3 units have split utilities with gas baseboards heat and gas water heaters. The basement offers plenty of storage space and houses all the mechanicals including two boilers and one water heater which have been recently replaced.In the rear of the property you will find the additional vacant building which totals 2948 sqft and is ready for your vision. A loading dock with an overhead door along with two additional standard size doors provide entry to this vast building. Cathedral ceilings, an open layout, and a roughed in bathroom make the possibilities here endless. TOD-EM-2 Zoning provides the possibility for use as additional residential units, home professional offices, a barber shop, beauty parlor, and more. In the basement you will find an additional 1523 sqft of space which is perfect for storage and other possible uses. With interest rates still low, this can be the perfect long term investment opportunity so dont let this one slip away!

Courtesy Of Maximillian Mikunda, Agnelli Real Estate
  1. 5,642 Sq. Ft.
  2. 0.19 Lot

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1900
  • County: HARTFORD
  • Taxes: $6,771.00
  • Units: 3
  • Zoning: TOD-EM-2
  • MLS Number:170423707

Additional Features

  • Cooling:
    • None
  • Interior Features:
    • Loading - Grade
  • Sqft Source:
    • Public Records
  • Business Type:
    • Industrial
    • Investment
    • Other
    • Residential Income
  • Construction:
    • Frame
  • Garage:
    • Driveway
    • Paved
  • Location:
    • Urban
  • Occupied By:
    • Tenant
  • Roof:
    • Asphalt Shingle
    • Flat
  • Foundation:
    • Brick
  • Exterior:
    • Storage Building
  • Lot Description:
    • Sloping Lot
  • Parking Spaces:
    • 0
  • Fuel:
    • Natural Gas
  • Heating:
    • Baseboard
    • Natural Gas
  • Sewer:
    • Public Sewer Connected
  • Utilities:
    • Electric
    • Gas Available
  • Present Use:
    • Residential Multi- Family
  • Road Frontage:
    • Municipal Street
    • Paved Road
  • Water:
    • Public Water Connected
  • Bank Owned:
    • N
  • Documents On File:
    • Other
  • Gross Income:
    • 36924
  • Possession:
    • Negotiable
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.