• BELDEN NEW BRITAIN, CT 06051

  • 7 Beds 3 Baths 3,105 SqFt
  • Commercial / Rent To Own

Property Details for BELDEN St, NEW BRITAIN, CT 06051

Features

Facts

Foreclosure Info

Pre-Foreclosure Info

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Mixed use property in a residential area in New Britain that can continue as mixed use or be converted to a 2 family home. Since the first floor is currently open, you have a lot of flexibility, continue as a mixed-use property with a business on the first floor & residential units above for example a restaurant, bar, day care, office space, etc. (make sure to conduct your due diligence and explore all possibilities) or convert the first floor into another residential unit. The 2nd floor currently has 3 bedrooms but is used as a 2-bedroom, the enclosed porch and deck are great features that add value and appeal to potential renters or owners. With some renovation and possibly town approval, the attic could serve as an additional bedroom or even a separate apartment unit. The back patio & 2 car garage are addittional features. Whether as a mixed-use property or a 2-family home with a walk up attic, this property offers multiple rental opportunities, maximizing your income potential.).Owner Financing may be available with 20% down, this can be advantageous for buyers who may not qualify for traditional financing(Buyers agents can email sellers agent for more information) Overall, this property offers a lot of flexibility & potential for creative use and income generation. ** There is an additional lot across the street that can be purchased to provide extra parking or potentially allow for future development (subject to zoning &town approval, currently zoned for a multifamily)

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Precision Realty Group 2239 Berlin Turnpike Newington CT 6111
Copyright © 2024 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.