481 Park Street New Britain, CT $ 624,900
481 Park Street
$ 624,900
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481 Park Street

New Britain, CT, 06051
$ 624,900
Bedrooms8 Baths4.0 Sq 3,986

Monthly Estimate*

$ 3,848

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Multi-Family Home for sale in New Britain, CT

for $624,900 with 8 bedrooms and 4 full baths. This 3,986 square foot home was built in 1885 on a lot size of 0.33.

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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Multi-Family Active

Price

$ 624,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,109

Style

Lot Size

0.33

Year Built

1885

Town/City

New Britain

MLS | Web ID

24179625

Features
General
Zoning T
Neighborhood N/A
County Hartford
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.33
Directions Stanley to Park
High School New Britain
City New Britain
Elementary School Per Board of Ed
Sq Ft Total 3986
DOM 0
Year Built 1885
Style 4updown - Unit(s) per Floor
Year Built Source Public Records
Energy Features Storm Doors Thermopane Windows
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Interior
Cooling System Window Unit
Total Number of Units 4
Total Rooms 18
Basement Description Full Concrete Floor Full With Walk-Out
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Exterior
Water Source Public Water Connected
Lot Description Lightly Wooded Level Lot
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* Excluded Features
List By
Tracy Molloy

Listing Agent

Coldwell Banker Realty

Broker

tracy.molloy@yahoo.com

Email

Affordability Calculator

$4,690
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$842
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2060323 Elementary School
899012 Middle School
New Britain High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$624,900 Listed Price

Map


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481 Park Street, New Britain, CT, 06051 is a Multi-Family Home for sale at $624,900 with 3,986 sqft and a lot size of 0.33. 481 Park Street has 8 bedrooms, 4.0 baths, and was built in 1885. The property's zip code is 06051 which is in New Britain, CT