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 this Property offers strong in-place income with clear path to $100K+ gross. Ideal for investors targeting large-unit and voucher-based rental demand. Proof of funds required for showings, needs to be DSCR or commercial loan. Professional Photos coming soon.
For sale
$724,500
59 Trinity Street, New Britain, CT 06051
16beds
6,119sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
- 12 days |
- 799 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 02:16pm
Listed by:
Ali White J. White (860)222-5460,
Coldwell Banker Realty 860-644-2461
Source: Smart MLS,MLS#: 24159271
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas on Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 6,119
- Total interior livable area: 6,119 sqft
- Finished area above ground: 6,119
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Unpaved
Lot
- Size: 8,276.4 Square Feet
Details
- Parcel number: 651902
- Zoning: T
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Near Public Transport
HOA
- Has HOA: No
Location
- Region: New Britain
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $339,430
- Annual tax amount: $13,299
- Date on market: 3/18/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $724,500$118/sqft |
Source: | ||
| 3/3/2011 | Listing removed | $875 |
Source: Spartan Residential LLC Report a problem | ||
| 1/6/2011 | Listed for rent | $875 |
Source: Spartan Residential LLC Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,040/mo
Principal & interest
$3736
Property taxes
$1304
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Climate risks
Neighborhood: 06051
Nearby schools
GreatSchools rating
- 4/10Northend SchoolGrades: K-5Distance: 0.1 mi
- 2/10Slade Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10New Britain High SchoolGrades: 9-12Distance: 0.4 mi
Local experts in 06051
- Connecticut
- Hartford County
- New Britain
- 06051
- 59 Trinity Street





