Entity Owned Property summary
This exceptional value-add opportunity presents an eight-unit apartment building in New Britain, Connecticut, situated on a sizable 11,231-square-foot lot. The property comprises two buildings totaling 6,943 square feet, offering a mix of unit sizes. One building features six units, while the second is a two-family dwelling. All units are currently 100% occupied, generating a current NOI of $63,169, representing a 7.22% cap rate. However, a pro-forma NOI of $87,904 projects a 10.05% cap… rate, reflecting significant upside potential due to below-market rents. The property boasts on-site parking for up to ten vehicles, a considerable advantage in this location. Built in 1904, the three-story buildings are zoned T and offer a compelling opportunity for renovation and value enhancement. The asking price is $875,000, translating to $109,375 per unit and $126.03 per square foot. The property's convenient proximity to I-84 adds to its appeal, making it an attractive investment for those seeking both immediate returns and long-term growth in a desirable Connecticut location. Tenants are responsible for their own utilities (NNN). This presents a rare chance to acquire a well-located multifamily property with substantial potential for increased profitability.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.26 ac
- APN
- NBRI M:C6D B:129
- Zoning
- T
- Assessed value · 2024
- $397,530
- Annual tax · 2024
- $15,738
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
I-3 zones. [Full text of amendments on file in the Clerk's office] 10/24/82 15290 Amendment to allow conversion of two-family detached dwelling (attic space) to three-family detached dwelling by special exception in the…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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