324 South Main Street, New Britain, CT 06051
324 South Main Street, New Britain, CT 06051
324 South Main Street, New Britain, CT 06051
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$599,900
Est. payment /mo
12 Beds
5 Baths
6,003 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,003 sqft

Price per Sqft $99

MLS Listing ID 24198479

Style Units on different Floors

Bedrooms 12

Full Baths 4

Half Baths 1

Year Built 1920

Annual Tax Amount $7,874

Lot Size 6,969 Sqft

Property Sub-Type 4 Family

Property Description

Excellent investment opportunity featuring two residential buildings on one parcel - a three-family home plus a separate single-family home, providing four total income-producing units. All four units offer 3 bedrooms, with current gross rents totaling $6,211 per month/$74,532 annually. Property has benefited from extensive recent capital improvements including roofs, heating systems, kitchens, bathroom renovations, porches and gutters. Multifamily roof replaced in 2019 and single-family roof replaced in 2023. Single-family gas furnace replaced in 2026. Additional improvements include updated kitchens in the first and third-floor units and a recently renovated second-floor bathroom. Tenants responsible for their own utilities with owner responsible for water. Strong existing income with additional rental upside. Excellent opportunity for an investor looking to add a four-unit property with significant recent capital improvements to their portfolio.

Location

State CT

County Hartford

Zoning B1

Rooms

Basement Full

Interior

Heating Other

Cooling Window Unit

Exterior

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed


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Listed by Scott Hollister • eXp Realty

 

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Dawn Cabral

Dawn Cabral

Owner/Broker

+1(203) 228-7564

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324 South Main Street