$520,000 ($126.95 per sqft)

Under Contract

Est. Mortgage $2,629/mo *

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431 Chestnut Street, New Britain, CT, 06051

431 Chestnut Street, New Britain, CT, 06051
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28 rooms

10 beds

4 Full / 1 Half baths

1900

3updown - Unit(s) per Floor, Other

4,096 sqft

This exceptional property presents a rare and exciting investment opportunity, offering two buildings on one lot! The front building features three spacious, newly renovated apartments, each with its own laundry hookups and natural gas utilities-perfect for tenants seeking modern comfort. The second building is a charming 3-bedroom, 1.5-bathroom single-family home, ideal for either an owner-occupant or additional rental income. The single-family home also comes equipped with solar panels for energy efficiency and cost savings, along with a convenient front and back porch, perfect for relaxing or entertaining. Imagine living in the cozy single-family home while the rental income from the three units cover your mortgage-creating a pathway to financial freedom! Located just 5 minutes from CCSU, New Britain General Hospital, and nearby parks, the location is ideal for tenants looking for both convenience and community. With all units updated and move-in ready, this is truly a turn-key opportunity for investors or buyers who dream of a home that also builds wealth. Don't let this rare two-building property with endless potential pass you by. Schedule your viewing today and discover the future this investment can bring! *HIGHEST AND BEST BY 9/29 @5p*

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

4

Zoning:

T

Garage:

None, Driveway

Heating:

Hot Air

Cooling:

None

Basement:

Full, Partially Finished

Parking:

5-car

Acreage:

0.2

Est. Taxes:

$7,923

Assessment

$200,130

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

6

MLS #:

24048560

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Chelsea Barzola, Signature Realty LLC Email: Barzola.chelsea@gmail.com