Investment Opportunity Alert! Here is a fantastic chance to acquire a large three-family property at an unbeatable price. The property features present many features and all units have a similar layout, comprising five rooms, two bedrooms, and one bath. The layout allows for flexibility in creating an additional third bedroom. Currently owner-occupied, the property will be delivered vacant, providing you the opportunity to lease all units at an estimated rental rate of $1,300 per unit. The property comes with a large basement that can be transformed into a recreational space, and an attic that can be converted into additional rooms for one of the units, or as a separate rental for extra income.
Sold for $355,000
$355,000
116 Austin Street, New Britain, CT 06051
6beds
3,900sqft
Multi Family
Built in 1910
-- sqft lot
$465,500 Zestimate®
$91/sqft
$1,796 Estimated rent
Home value
$465,500
$438,000 - $493,000
$1,796/mo
Zestimate® history
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Owner options
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$1,796/mo
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Rent Zestimate®
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$2,499/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: May 01, 2023 at 07:24am
Listed by:
Timothy Serpe 203-671-3467,
Citi Atlas Real Estate Co LLC 203-671-3467
Bought with:
Anthony La Penna, RES.0812373
Agnelli Real Estate
Source: Smart MLS,MLS#: 170551485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Windows: Thermopane Windows
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,900 sqft
- Finished area above ground: 3,900
Property
Parking
- Total spaces: 5
- Parking features: Detached, Off Street, Asphalt
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Terrace
- Exterior features: Balcony
Lot
- Size: 7,405 sqft
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 639015
- Zoning: T
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Community
- Community features: Basketball Court, Park, Playground, Near Public Transport, Shopping/Mall
Location
- Region: New Britain
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2023 | Sold | $355,000+4.4%$91/sqft |
Source:  Smart MLS #170551485 Report a problem | ||
| 2/27/2023 | Contingent | $340,000$87/sqft |
Source: Smart MLS #170551485 Report a problem | ||
| 2/22/2023 | Listed for sale | $340,000+51.1%$87/sqft |
Source: Smart MLS #170551485 Report a problem | ||
| 7/2/2010 | Sold | $225,000+73.2%$58/sqft |
Source: Smart MLS #G548909 Report a problem | ||
| 1/30/2004 | Sold | $129,900$33/sqft |
Source: Smart MLS #G336658 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,228 -1% | $210,000 |
| 2024 | $8,314 +3.4% | $210,000 |
| 2023 | $8,039 +44.1% | $210,000 +86.3% |
Find assessor info on the county website
Neighborhood: 06051
Nearby schools
GreatSchools rating
- 4/10Smith Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Slade Middle SchoolGrades: 6-8Distance: 2.4 mi
- 1/10New Britain High SchoolGrades: 9-12Distance: 1.3 mi
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$465,500
2% more
+$9,310
With Zillow Showcase(estimated)
$474,810
- Connecticut
- Hartford County
- New Britain
- 06051
- 116 Austin Street