Renovated Multifamily Apartment
For Sale
Contact for pricing
50 Lorraine St, New Britain, CT 06051
Well-maintained brick multifamily with renovated units, separate tenant-paid utilities, and off-street parking plus a detached garage.
Property SizeContact for details
Days on Market131
Property Features for 50 Lorraine St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
6
Building Details
Construction
brick
Listing Agency:
OXFORD REALTY
(203) 314-4219
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328 CT
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 3:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of OXFORD REALTY
Investment Insights
Based on property information with market context.
50 Lorraine St in New Britain, CT is a turn-key multifamily apartment building with a total of six units: (4) 2-bedroom units and (2) 3-bedroom units. The property is reported to be 100% occupied, with historically low vacancy. According to the provided information, all units have been renovated with newer kitchens and baths, along with updated flooring, fixtures, and paint.
Utilities are separate and tenant-paid, including gas heat and hot water, with updated electrical also separately metered. The brick exterior is described as being in good condition, and replacement thermopane windows are noted throughout. Off-street parking is available in the rear of the property, and there is also a 2-car detached garage described as offering potential income.
Utilities are separate and tenant-paid, including gas heat and hot water, with updated electrical also separately metered. The brick exterior is described as being in good condition, and replacement thermopane windows are noted throughout. Off-street parking is available in the rear of the property, and there is also a 2-car detached garage described as offering potential income.
Key Highlights
- Multifamily property in New Britain with (4) 2‑bed units and (2) 3‑bed units
- 100% occupied with historically low vacancy; no subsidy tenants reported
- Renovated units with newer kitchens and baths, plus flooring, fixtures, and paint
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
Demographics for 06051, CT
31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained brick multifamily with renovated units, separate tenant-paid utilities, and off-street parking plus a detached garage.
Where is this apartment building located?
The property is located at 50 Lorraine St New Britain, CT.
What are key features of this property?
This property features: Multifamily property in New Britain with (4) 2‑bed units and (2) 3‑bed units; 100% occupied with historically low vacancy; no subsidy tenants reported; Renovated units with newer kitchens and baths, plus flooring, fixtures, and paint
