481 Park , New Britain, CT 06051

$624,900
  • 481 Park , New Britain, CT 06051 Main Photo

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New to the Market Active
BEDS8 BATHS4 full SQUARE FEET3,986 MLS#24179625
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Investment Opportunity with Timeless Character! This well-maintained 4-family property offers the perfect blend of charm, functionality, and income potential. Nestled on a quiet street, the home showcases beautiful architectural character, inviting front porches, and private entrances for each unit, creating a welcoming atmosphere and added privacy for residents. Each of the four spacious units features 2 bedrooms, 1 full bath, and the convenience of in-unit washers and dryers. The property is serviced by natural gas heating and offers separate utilities, making management more efficient and appealing to both owners and tenants. A rare 3-car garage provides valuable parking and storage options, additional rental income. The walk-out basement offers additional flexibility and utility. With strong rental demand, attractive amenities, and excellent income-producing potential, this property is an outstanding opportunity for investors or owner-occupants seeking long-term value in a desirable location. Currently one unit is owner occupied. All units are up to code.

481 Park | MLS# 24179625

This multi-family property located at 481 Park , New Britain, CT 06051 is currently listed for sale with an asking price of $624,900. Search New Britain real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Concrete Floor, Full With Walk-Out
Cooling: Window Unit
Fuel Type: Natural Gas
Garage: 3
Heating: Gas on Gas, Hot Air, Wall Unit
Home Style: 4updown - Unit(s) per Floor
Lot Size: 0.33 Acres
Roof Type: Asphalt Shingle
Taxes: $10,109
Year Built: 1885

Feature Descriptions

Days on Site: 4
Energy Saving Features: Storm Doors, Thermopane Windows
Exterior: Vinyl Siding
Exterior: Sidewalk, Covered Deck, Stone Wall
Lot: Lightly Wooded, Level Lot
Parking Spaces: 8
Sewer: Public Sewer Connected
Units: 4
Water: Public Water Connected
Waterfront: Not Applicable

Local Schools

High School: New Britain
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Realty
Agent Name: Tracy L. Molloy
Agency Phone: (860) 6333661

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 2,415.44 per month $1,390.76 Principal & Interest $842.42 Property Tax $182.26 Homeowner's Insurance

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