News: Front Section
Posted: September 27, 2024
Strickling and Dube of Sky Realty Group broker $1.92 million sale of 15-unit apartment building
New Britain, CT A Connecticut shoreline-based investor has acquired the mixed-use brick building, known as the Rao Building, for $1.92 million ($128,000/ unit).Sandy Strickling and Anne-Marie Dube of Sky Realty Group brokered the deal.
The 15-unit luxury apartment building is located at 160 Main St. The building features ground level retail space with 14 luxury apartment units on the 2nd - 5th floors. The property consists of: five one-bedroom, seven two-bedroom, and two three-bedroom and two-bath apartments.
The building was fully restored and renovated over the last 15 years including new kitchens with stainless steel appliances, granite countertops, dishwasher, disposal, air conditioning, large bay windows, exposed beams, tiled backsplashes, and laundry inside each unit. All utilities are tenant paid. Features include 11 ft. tall ceilings, large closets, hardwood floors, and lots of natural light from double paned windows. The property is located in downtown district of the city.
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