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59 Trinity Street

New Britain, CT 06051

$724,500 $3,054/Mo

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Overview

Bed

Bath

6,519

Sqft

0.19

Acre(Lot)

Description

Exceptional 5-unit investment opportunity offering strong in-place income with clear potential to exceed $100,000+ in annual revenue. This well-maintained property currently generates approximately $93,300 per year, with all utilities paid by tenants, resulting in a highly efficient, low-expense operation. The property features a highly desirable unit mix, including three large 3-bedroom units (each approximately 1,400+ sq ft) in the front building, along with a 2-bedroom and a rare 5-bedroom unit in the rear building. Each unit is equipped with its own washer and dryer, a highly sought-after amenity that enhances tenant retention and rental value. Significant capital improvements have been completed since ownership, totaling in excess of $175,000. Updates include a new roof on the front building (2025), new siding on the front building (2025), and new siding on three sides of the rear building. Interior upgrades have been completed throughout as needed, including updated kitchens with new cabinets, countertops, and appliances, as well as improvements to flooring and windows. Two units are currently on month-to-month leases, offering immediate opportunity for rental adjustments and increased cash flow. Several units are below current market rents, presenting a clear value-add opportunity for investors seeking to reposition the asset and maximize returns. With tenant-paid utilities, strong existing occupancy, and substantial recent improvements, scroll down

Property Details

Property Type : Residential Income

Price : $724,500

AD Id : 76247249

MLS Id : 24159271

Beds : 16

Lot Size : 0.19 Acre

Living Area Size : 6,519

Year Built : 1900

County : Hartford

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 16

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Rooms Total: 26 Has Basement: Yes Basement: Full
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Cooling: None

Building Information

Year Built: 1900 Building Area Total: 6519 Construction Materials: Vinyl Siding, Concrete Private Pool: No

Lot Information

Lot Size Acres: 0.19

Listing Price Information

Listing Price: $724500

Tax Information

Parcel Number: 651902 Annual Tax: $13299

Parking Information

Parking Total: 6 Off Street, Unpaved

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: GPS WaterSource: Public

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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	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
20 Carlson Street, New Britain, CT, 06051	$489,000	6	3	3,420	3,420 SqFt
23 Day Street, New Britain, CT, 06051	$489,900	9	3	3,480	3,480 SqFt
481 Park Street, New Britain, CT, 06051	$599,900	8	4	3,986	3,986 SqFt
224 Whiting Street, New Britain, CT, 06051	$549,900	10	3	3,261	3,261 SqFt
34 Pleasant Street, New Britain, CT, 06051	$449,900	4	3	3,280	3,280 SqFt
16 Hurlburt Street, New Britain, CT, 06051	$449,000	9	3	2,631	2,631 SqFt
784 Stanley Street, New Britain, CT, 06051	$399,999	8	6	4,054	4,054 SqFt

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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 06/12/2026 @ 21:15

MLS: 24159271 LISTED BY: Ali Ginnett, Coldwell Banker Realty SOURCE: SmartMLS