481 Park Street

New Britain, CT 06051 Directions
$599,900 Reduced from $624,900 Reduced $25,000
  • 8Bed
  • 4Baths
  • 3,986Sqft
  • 0.33Acres
  • 1885Built
  • $151Price/Sqft

Property Highlights

  • High School: New Britain
  • Days on Market: 8
  • MLS: 24179625

Property Highlights

  • High School: New Britain
  • Days on Market: 8
  • MLS: 24179625

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...

Property Highlights

  • High School: New Britain
  • Days on Market: 8
  • MLS: 24179625

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.

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.

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  • Additional Information
    • Attic Description: Unfinished, Storage Space, Walk-up
    • Average Days On Market: 7
    • Basement Description: Full, Concrete Floor, Full With Walk-Out
    • Days On Market: 8
    • Elementary School: Per Board of Ed
    • Garage: Detached Garage, On Street Parking, Driveway
    • Garage Count: 3
    • High School: New Britain
    • Is Occupied?: Owner
    • Living Area SqFt: 3,986
    • Property Tax: $10,109
    • Sewer: Public Sewer Connected
    • Status: Active
    • Style: 4updown - Unit(s) per Floor
    • Subtype: 4 Family
    • Tax Amount: $10,109
    • Tax Year: July 2025-June 2026
    • Type: Multi-Family For Sale
    • Unit Count: 4
    • Year Built: 1885
    • Year Built Details: Public Records
    • Zoning: T
  • Amenities
    • Commuter Bus
    • Golf Course
    • Public Transportation
    • Shopping/Mall
  • Interior/Exterior Features
    • Air Conditioning: Window Unit
    • Attic: Yes
    • Beds: 8
    • Cooling: Window Unit
    • Exterior Features: Sidewalk,Covered Deck,Stone Wall
    • Exterior Siding: Vinyl Siding
    • Full Baths: 4
    • Furnace Type: Natural Gas
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Hot Water: Natural Gas, 50 Gallon Tank
    • Laundry Room Access: each unit
    • Roof: Asphalt Shingle
    • Rooms: 18
    • Total Baths: 4

Listing Courtesy of Tracy Molloy of Coldwell Banker Realty.

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