6 days on market
Under Contract
More about this Property

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431 Chestnut Street, New Britain CT 06051

Current Price: $520,000

10 beds 5 baths 4096 sq. ft

Last Update: 11/25/2024

Property Type: Multi-Family For Sale

Public Remarks

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. Dont 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*

Map to Property at 431 Chestnut Street, New Britain CT 06051


GPS

Residential Property Information for 431 Chestnut Street, New Britain CT 06051

MLS #: 24048560

Style: 3updown - Unit(s) per Floor,Other

Color:

Total Rooms:

Bedrooms: 10

Bathrooms: 5

Acres: 0.2

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $7,923

Zoning: T

Mil Rate:

Assessed Value: $200,130 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 4096; below grade sq feet total is ; total sq ft is 4096

Features
Laundry Location & Info: All Units Have Hook-Ups  Every unit has laundry hook-ups
Fireplaces: 0
Basement Desc.: Full,Partially Finished
Exterior Siding: Vinyl Siding
Foundation: Concrete
Roof: Shingle
Driveway Type: Private,Paved
Garage/Parking Type: None,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Basketball Court,Medical Facilities,Park,Public Pool,Public Rec Facilities,Public Transportation,Shopping/Mall,Walk to Bus Lines
Occupied: Owner
Utility Information

Hot Water System Other

Heat Type: Hot Air

Fueled By: Natural Gas.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $520,000

Original List Price: $520,000

DOM: 6

Listing Date: 9/25/2024

Last Updated: 10/2/2024 6:09:09 PM

Listing Agent and Broker

List Agent Name: Chelsea Barzola

List Office Name: Signature Realty LLC