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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Newington, CT

$ 329,900
ROI
25.2
Cash Flow/m
500- 4 Bed
- 2 Bath
- 1584 sft
64 8th Street, Newington, CT, 06111

$ 398,000
ROI
19.9
Cash Flow/m
15- 4 Bed
- 2 Bath
- 1536 sft
34 7th Street, Newington, CT, 06111

$ 300,000
ROI
27.0
Cash Flow/m
602- 4 Bed
- 2 Bath
- 1584 sft
27-29 8th St, Newington, CT, 06111

$ 235,000
ROI
35.7
Cash Flow/m
1043- 2 Bed
- 1 Bath
- 982 sft
56 8th St, Newington, CT, 06111
Why Invest in Newington, Connecticut?
Investing in multifamily properties in Connecticut can be a lucrative opportunity due to stable rental demand. The state's average rent for multifamily units is competitive, with significant appreciation potential in well-located areas. Connecticut's economy is bolstered by strong industries such as finance and healthcare, leading to consistent cash flow for investors.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental rate for multifamily units in Newington, CT, is approximately $2000 per month, which is competitive within the state.
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