Listing courtesy of Clifton Green (203) 833-0589, Coldwell Banker Realty (203) 878-7424
133 Jubilee Street, New Britain, CT, 06051
12 rooms
9 beds
3 Full baths
1885
Units on different Floors
3,004 sqft
Turnkey CASH COW ready for milking. Fully renovated and income-producing, this spacious 2-family property at 133 Jubilee Street offers 3,004 sqft of modern living space on a 0.27-acre corner lot near Chelsea Park and the Newington town line. Unit 1 features 3 bedrooms and 1 full bathroom on the first floor. Unit 2 spans the second and third floors, offering 6 bedrooms and 2 full bathrooms, totaling 6 bedrooms and 2 full bathrooms across both units. The property has undergone extensive renovations including new insulation, vinyl siding, electrical panels and wiring, switches, receptacles, drywall, flooring, interior paint, kitchen countertops, cabinets, stainless steel appliances, bathroom vanities, toilets, shower/tubs, plumbing, and tile work. With a total monthly rental income of $5,100 and annual expenses of $17,989, the property generates a net income of $61,200 annually, delivering a strong CAP at 12.88%. Additional features include off-street parking and gas baseboard heating. This turnkey investment is ideal for investors or owner occupants seeking high cash flow and long-term upside. MULTIPLE BIDS RECEIVED, HIGHEST AND BEST SUBMITTED BY 6:00 PM MONDAY 10/27.
Status:
Under Contract
Type:
Multi-family
Laundry Remarks:
Basement Hook-Up(s)
Units:
2
Zoning:
T
Garage:
None, Paved, Driveway
Heating:
Baseboard, Hot Water
Cooling:
None
Basement:
Partial, Walk-out
Parking:
2-car
Acreage:
0.27
Est. Taxes:
$7,849
Assessment
$200,340
Lot Description:
Corner Lot,Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
11
MLS #:
24134099
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