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18 Lincoln Street

New Britain, CT 06052
  • $3,000,000
  • STATUS: Active Under Contract
  • ON SITE: 110 Days
  • MLS #: 24066847
Under Contract
UPDATED: 66 min ago
$3,000,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 19,584
    SQFT
  • $153
    $/SQFT
Type:
Commercial
Built:
1928
County:
Area:

School Ratings & Info

Description

18 Lincoln Street Apartments is a 24-unit complex offering strong cash flow and significant upside potential. With impressive numbers at entry and ample room to stabilize and grow to pro forma, this property is ideal for savvy investors seeking both immediate returns and long-term appreciation. Strategically located in a desirable area, the property provides a solid tenant base with opportunities for rent optimization and operational improvements. This is a rare chance to secure a high-performing asset with substantial growth potential.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-26T13:10:48.053.
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18 Lincoln Street New Britain, CT 06052

  • Price: $3,000,000
  • Status: Active Under Contract
  • On Site: 110 Days
  • Updated: 66 min ago
  • MLS #: 24066847
0
Beds
4
Baths
2
½ Baths
0.51
Acres
19,584
SQFT
$153
$/SQFT
1928
Built
County:
Hartford
Area:
New Britain
Property Description
18 Lincoln Street Apartments is a 24-unit complex offering strong cash flow and significant upside potential. With impressive numbers at entry and ample room to stabilize and grow to pro forma, this property is ideal for savvy investors seeking both immediate returns and long-term appreciation. Strategically located in a desirable area, the property provides a solid tenant base with opportunities for rent optimization and operational improvements. This is a rare chance to secure a high-performing asset with substantial growth potential.
Exterior Features

Lot Description Level Lot Parking Spaces Uncovered 24 Road Frontage Description Municipal StreetPaved Road Roof Information Asphalt ShingleFlat

Interior Features

Cooling System Window Unit Heat Type Gas on Gas Sq Ft Total 28443 Total Rooms 0

Property Features

Agent Owner YN No Bank Owned Property No Gross Annual Expense 139962 Gross Annual Income 356998 Location Urban Net Operating Income 217036 Potential Short Sale No Sewage System Public Sewer Connected Tax Year July 2024-June 2025 Total Number Of Units 24 Utilities Available ElectricGas Water Source Public Water Connected Zoning T

Listing information © 2025 Smart MLS
Listing provided courtesy of Zachary Pinto of Alpha Capital Realty, LLC: .


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-26T13:10:48.053.
 
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