21 Millard St, New Britain, CT 06051

$450,000
5
BD
3
BA
2,054
SqFt

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List Price
$450,000
Status
ACTIVE UNDER CONTRACT
MLS#
24183527
Year Built
1850
Bedrooms
5
Bathrooms
3
Acres
0.16
Living Area
2,054
Neighborhood
N/A

Property Description

Attention investors and owner-occupants: Presenting a fully turn-key, high-performing 3-family property in New Britain, completely optimized for immediate cash flow or the ultimate "house hack." This asset has been meticulously maintained, featuring major capital improvements that ensure low-maintenance ownership for years to come. All three spacious units are in excellent condition, boasting fully updated kitchens and bathrooms complete with premium cabinetry, durable quartz and granite countertops, and modern stainless steel appliances. The mechanicals and structural components offer ultimate peace of mind: the roof was replaced in 2017, all windows are under 10 years old, and the first-floor gas furnace was newly installed in 2025. The second and third floors feature efficient electric heat. The exterior attributes provide significant tenant appeal, including ample off-street parking, a detached 2-car garage for potential extra storage income, and a fully fenced-in rear yard. The Income Strategy: The 2nd ($1500 PER MONTH) and 3rd floors ($1200 PER MONTH) are currently occupied by reliable, tenant-at-will occupants with a strong history of timely rental payments. The first floor is intentionally left vacant. Move into the first floor to live virtually rent-free while the upper units cover a massive portion of your mortgage, or place a market-rate tenant from day one to maximize your monthly net operating income. Schedule your showing today!

Additional Information

Taxes
$6,585
Lot Size
6,969
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Partial
Garage Spaces
2
Elementary School
Per Board of Ed
High School
New Britain

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Calculator source: Real Geeks

Listing courtesy of Adam Zak from Century 21 Classic Homes. (860) 328-5856 (860) 633-2192

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