new britain real estate: New Britain 3-family Market Report
- 02/21/08 06:44 AM
Currently, there are 83 3-family houses for sale in New Britain, Connecticut (as of 2/21/2008). Listed prices range from $345,000 to $138,000, with the average price (median) at $259,000. In 2007, there were 76 sales of 3-family houses in town. Buyers paid prices ranging from $335,000 to $120,000 with the average price paid (median) at $245,000. Both owner-occupants and investors purchased these versatile properties. It is still possible for an investor in town to realize positive cashflow from the careful purchase of a 3-family house in New Britain! For comparison purposes, there were 125 sales of 3-family houses in 2006. Buyers paid prices … (1 comments)
10. Reduce tenant squabbles over who borrowed detergent in a shared-basement laundry area. 9. Write off your appliance purchases over seven years. 8. Purchase them at Lowe's or Home Depot with no payments or interest for 6 months to 1 year. 7. Charge just as much rent on the 3rd floor since they don't have to carry laundry up & down stairs. 6. Restrict tenant … (0 comments)
new britain real estate: Would you like your 3-Family with or without tenants?
- 02/03/08 11:44 PM
Every investor hopes for the ideal tenant mix - one is home during the day to let in contractors, two are willing to shovel the sidewalk and salt the steps and all three pay the rent for the coming month no later than the first (preferably by automatic deposit to the investor's rent account)! Good leases and credit checks coupled with strong tenant management can move most tenants on the continuum towards that ideal status (then the investor fears that their perfect tenant will become a homeowner, leaving a vacancy). A realtor will be a tremendous resource in upgrading the standard lease … (1 comments)
Currently, there are 83 3-family houses for sale in New Britain, Connecticut (as of 2/21/2008). Listed prices range from $345,000 to $138,000, with the average price (median) at $259,000.;)
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