340 Arch Street
New Britain, CT 06051
15
Bed
5
Bath
9,864Sqft
0.27Acre(Lot)
Excellent condition turnkey mixed-use investment opportunity in New Britain offering strong in-place income with significant rental upside. This 13-unit property consists of 10 residential apartments and 3 established commercial storefronts across two buildings. Bldg 1 features six 2-bedroom apartments plus two commercial storefronts currently occupied by a mini market and party store. The residential units are projected at $1,600/month each, bringing the projected total income for Bldg 1 to $12,450/month including the commercial rents. Bldg 2 features four 3-bedroom apartments plus a commercial space occupied by an established restaurant. The residential units are projected at $1,800/month each, bringing the projected total income for Bldg 2 to $9,931.63/month including the restaurant. C
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 15Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Rooms Total: 25 Has Basement: Yes Basement: Full, Walk-Out Access -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall Unit(s)
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Building Information
Year Built: 1900 Building Area Total: 9864 Construction Materials: Brick Private Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Size Acres: 0.27 Lot Description: Level
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Listing Price Information
Listing Price: $2100000
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Tax Information
Parcel Number: 638792 Annual Tax: $33427
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Parking Information
Parking Total: 12 Paved, Off Street, Private, Driveway
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School Information
Elementary School: Per Board of EdJunior High School: Per Board of EdSenior High School: Per Board of Ed -
Location Information
Direction: GPS friendly WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 490 South Street, New Britain, CT, 06051 | $475,000 | 7 | 3 | 2,910 | 0.26 Acre |
| 191 Wynola Avenue, New Britain, CT, 06051 | $399,900 | 6 | 3 | 2,781 | 0.23 Acre |
| 40 Charles Street, New Britain, CT, 06051 | $475,000 | 8 | 3 | 3,212 | 0.14 Acre |
| 121 Millard Street, New Britain, CT, 06051 | $375,000 | 6 | 2 | 2,288 | 0.20 Acre |
| 147 Jubilee Street, New Britain, CT, 06051 | $349,000 | 4 | 2 | 4,516 | 0.24 Acre |
| 179 Kelsey Street, New Britain, CT, 06051 | $599,000 | 7 | 3 | 3,828 | 0.16 Acre |
| 101 Belden Street, New Britain, CT, 06051 | $329,000 | 6 | 2 | 1,998 | 0.19 Acre |
| 23 Thorniley Street, New Britain, CT, 06051 | $485,900 | 6 | 3 | 3,378 | 0.24 Acre |
| 292 Stanley Street, New Britain, CT, 06051 | $349,900 | 5 | 2 | 1,440 | 0.18 Acre |
| 316 Stanley Street, New Britain, CT, 06051 | $419,900 | 4 | 2 | 2,508 | 0.17 Acre |
Similar Multifamily To 340 Arch Street
Nearby For Sale
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ByOwner last updated this listing 10/05/2026 @ 09:44
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