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107 Allen st 0.2 Acres of Residential Land Offered at $58,500 in New Britain, CT 06053
INVESTMENT HIGHLIGHTS
- Situated on a quiet side street with mostly residential homes. Stable, established neighborhood — ideal for a new home build. Filled with well-maintai
- Shopping, restaurants, parks, schools, gyms, and medical facilities are all within a few minutes. Close to downtown but far enough to have privacy
- Minutes to RT-9, RT-72, I-84 – easy commute to Hartford, Farmington, Bristol, Meriden, and Newington. Close to CCSU, Hospital of Central Connecticut,
EXECUTIVE SUMMARY
Two-families here are in high demand and low supply.
Strong rent-to-cost ratios make this a perfect opportunity to build a high-cash-flow asset.
Even a single-family home will attract buyers due to affordability and location.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $58,500 | Lot Size | 0.20 AC |
| Price Per AC | $292,500.00 |
| Price | $58,500 |
| Price Per AC | $292,500.00 |
| Lot Size | 0.20 AC |
mostly level lot
DESCRIPTION
Another exceptional opportunity awaits to bring your next project to life on this flat, cleared 0.20-acre lot located at 107 Allen Street in New Britain's rapidly growing market. Zoned T District this parcel offers 58 feet of road frontage, 150 feet of depth, and a rectangular layout, making it an ideal site for a single-family home, two-family residence, or other investment development (all subject to final approval from the City of New Britain and compliance with zoning and building regulations). Public utilities-water, sewer, and natural gas-are conveniently available at the street. Situated on a quiet street and close to shopping, restaurants, parks, schools, hospitals, municipal buildings, and major highways, this lot offers both convenience and long-term value in a strong, forward-moving market. Don't miss this ideally located property with exceptional potential. Whether you're planning a new home, expanding your investment portfolio, or developing a multi-unit project, this parcel delivers affordability, opportunity, and steady growth.
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107 Allen st
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