481 Park St, New Britain, CT 06051
- $599,900
- 8
- BD
- 4
- BA
- 3,986
- SqFt
- List Price
- $599,900
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 24179625
- Price Change
- ▼ $25,000 1780951498
- Year Built
- 1885
- Bedrooms
- 8
- Bathrooms
- 4
- Acres
- 0.33
- Living Area
- 3,986
- Neighborhood
- N/A
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.
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Additional Information
- Taxes
- $10,109
- Lot Size
- 14,374
- Heating
- Natural Gas, Hot Air, Wall Furnace
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full, Concrete, Full
- Exterior Features
- Sidewalk, Covered Deck/Patio
- Garage Spaces
- 3
- Parking Spaces
- 8
- Elementary School
- Per Board of Ed
- High School
- New Britain
Mortgage Calculator
Listing courtesy of Tracy Molloy from Coldwell Banker Realty. (860) 573-8525 (860) 633-3661
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