147 Jubilee Street

New Britain, CT 06051 Directions
$349,000
  • 4Bed
  • 2Baths
  • 4,516Sqft
  • 0.24Acres
  • 1880Built
  • $77Price/Sqft

Property Highlights

  • High School: New Britain
  • Days on Market: 7
  • MLS: 24180380

Property Highlights

  • High School: New Britain
  • Days on Market: 7
  • MLS: 24180380

Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second...

Property Highlights

  • High School: New Britain
  • Days on Market: 7
  • MLS: 24180380

Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second and third floors into a larger apartment configuration, making it 4 bed unit. Major mechanical systems have been updated and serviced, reducing near-term capital expenditure concerns. The full basement provides three separate storage rooms, creating additional tenant amenities or rental opportunities. A standout feature is the enormous two-story, three-bay garage, fully rented to tenants that are not living at the property. The upper level currently includes a fully equipped gym space with tatami mats, offering endless possibilities for storage, business use, hobby space, fitness operations or future conversion opportunities. Outside the property boasts parking for approximately 10+ vehicles, creating potential for additional income through storage, or vehicle parking, contractor parking. Conveniently located in New Britain

Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second and third floors into a larger apartment configuration, making it 4 bed unit. Major mechanical systems have been updated and serviced, reducing near-term capital expenditure concerns. The full basement provides three separate storage rooms, creating additional tenant amenities or rental opportunities. A standout feature is the enormous two-story, three-bay garage, fully rented to tenants that are not living at the property. The upper level currently includes a fully equipped gym space with tatami mats, offering endless possibilities for storage, business use, hobby space, fitness operations or future conversion opportunities. Outside the property boasts parking for approximately 10+ vehicles, creating potential for additional income through storage, or vehicle parking, contractor parking. Conveniently located in New Britain

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  • Additional Information
    • Attic Description: Storage Space, Partially Finished, Walk-up
    • Basement Description: Full, Unfinished, Storage
    • Elementary School: Per Board of Ed
    • Garage: Detached Garage, Paved, Driveway
    • Garage Count: 1
    • High School: New Britain
    • Is Occupied?: Tenant
    • Living Area SqFt: 4,516
    • Property Tax: $6,319
    • Sewer: Public Sewer Connected
    • Status: Active
    • Style: Units on different Floors
    • Subtype: 2 Family
    • Tax Amount: $6,319
    • Tax Year: July 2025-June 2026
    • Type: Multi-Family For Sale
    • Unit Count: 2
    • Year Built: 1880
    • Year Built Details: Public Records
    • Zoning: T
  • Amenities
    • Basketball Court
    • Commuter Bus
    • Paddle Tennis
    • Private School(s)
    • Public Pool
  • Interior/Exterior Features
    • Air Conditioning: Ceiling Fans, Window Unit
    • Attic: Yes
    • Beds: 4
    • Cooling: Ceiling Fans, Window Unit
    • Exterior Siding: Aluminum
    • Full Baths: 2
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: 65 Gallon Tank, 80 Gallon Tank
    • Laundry Room: Common Laundry Area
    • Roof: Asphalt Shingle, Shingle
    • Rooms: 9
    • Total Baths: 2

Listing Courtesy of Ida Carter of The DIY Listing.

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