481 Park Street New Britain, CT 06051
Listing Courtesy of: SMART MLS / Listed By: Tracy Molloy, Coldwell Banker Realty - Contact:  (860) 573-8525

  481 Park Street New Britain, CT 06051

Active
$624,900 (USD)
8
BED
4
BATH
3,986
SQFT

Description

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.

MLS #:
24179625
Taxes
$10,109(2025)
Lot Size
0.33 acres
Type
Multifamily
Year Built
1885
Style
4updown - Unit(s) Per Floor
County
Capitol Planning Region

Listed By

Tracy Molloy, Coldwell Banker Realty, Contact: (860) 573-8525
Source
SMART MLS
Last checked Jun 2 2026 at 2:30 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Lot Information
  • Level Lot
  • Lightly Wooded
Property Features
  • Foundation: Concrete
  • Foundation: Brick
Heating and Cooling
  • Hot Air
  • Gas on Gas
  • Wall Unit
  • Window Unit
Basement Information
  • Concrete Floor
  • Full
  • Full With Walk-Out
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Natural Gas
  • Energy: Storm Doors, Thermopane Windows
School Information
  • Elementary School: Per Board of Ed
  • High School: New Britain
Garage
  • On Street Parking
  • Detached Garage
  • Driveway
Living Area
  • 3,986 sqft
Additional Information: Glastonbury | (860) 573-8525
Location
   
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