$725,000

40 Dewey Street, New Britain, CT 06051

  • 14 beds |
  • 6 baths |
  • 6,018 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $120/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

CASH FLOW! 9.2% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator! Selling AS-IS

Listing Status:
Active
Date Added:
May 22, 2025 at 01:48PM
Listing Office:
Century 21 AllPoints Realty : (860) 263-2121
Listing Agent:
Molly Sullivan : (860) 878-8141
MLS ID:
24097416
  • Laundry: Washer/Dryer Some Units
  • Basement: FullInterior Access
  • A/C: None
  • Heating: BaseboardNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Molly Sullivan, Century 21 AllPoints Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Smalley Elementary School

175 West St, New Britain, CT, 06051

Grades KG-5

0.33 miles away

H

House of Arts Letters and Science (Hals) Academy

30 Pendleton Rd, New Britain, CT, 06053

Grades 6-8

0.62 miles away

N

New Britain High School

110 Mill St, New Britain, CT, 06051

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.