Under Contract

481 Park Street

New Britain, CT 06051
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Bed 8

Bed

Bath 4

Bath

SqFt3,986

Sqft

Acres0.33

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $599,900

AD Id : 79771895

MLS Id : 24179625

Beds : 8

Lot Size : 0.33 Acre

Living Area Size : 3,986

Year Built : 1885

Garage : 3

County : Hartford

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 18 Has Basement: Yes Basement: Full, Walk-Out Access, Concrete
  • 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: Window Unit(s)

  • Building Information

    Year Built: 1885 Building Area Total: 3986 Construction Materials: Vinyl Siding, Brick, Frame, Stone Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Size Acres: 0.33 Lot Description: Level

  • Listing Price Information

    Listing Price: $599900 Original Price: $624900

  • Tax Information

    Parcel Number: 648909 Annual Tax: $10109

  • Parking Information

    Parking Total: 8 On Street, Private, Driveway

    Garage Information

    Has Garage: Yes Garage Space: 3

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: New Britain
  • Location Information

    Direction: Stanley to Park WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
75 Fulton Street, New Britain, CT, 06051 $399,900 6 2 2,288 2,288 SqFt
490 South Street, New Britain, CT, 06051 $475,000 7 3 2,910 2,910 SqFt
147 Jubilee Street, New Britain, CT, 06051 $349,000 4 2 2,216 2,216 SqFt
179 Kelsey Street, New Britain, CT, 06051 $555,000 7 3 3,828 3,828 SqFt
21 Millard Street, New Britain, CT, 06051 $450,000 5 3 2,054 2,054 SqFt
20 Carlson Street, New Britain, CT, 06051 $489,000 6 3 3,420 3,420 SqFt
30-32 Day Street, New Britain, CT, 06051 $449,900 6 2 3,588 3,588 SqFt
34 Pleasant Street, New Britain, CT, 06051 $445,000 4 3 3,280 3,280 SqFt
445 Columbus Boulevard, New Britain, CT, 06051 $999,900 12 6 5,301 5,301 SqFt
12 Oak Street, New Britain, CT, 06051 $249,000 6 3 1,572 1,572 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/21/2026 @ 05:20

MLS: 24179625 LISTED BY: Tracy Molloy, Coldwell Banker Realty SOURCE: SmartMLS

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