$325,000
PENDING

22 School St New Britain, CT 06051

Estimated payment $2,160/month

Total Views 14,405
6 Beds
2 Baths
1,882 Sq Ft
$173 Price per Sq Ft

Highlights

  • Property is near public transit
  • Tankless Water Heater
  • Baseboard Heating
  • Enclosed Patio or Porch
  • Public Transportation
  • Private Driveway

About This Home

Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain. **REVIEWING BIDS. SUBMIT IF INTERESTED**

Listing Agent

Clifton Green

Coldwell Banker Realty License #RES.0803878 Listed on: 05/20/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,222

Year Built

  • Built in 1962

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,882 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Available at Street
  • Tankless Water Heater

Community Details

  • 2 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 650017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,222

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1882
  • Total Sq Ft: 1882
  • Year Built: 1962
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Directions: Prospect Street to School Street.
  • Financing Used: FHA
  • Living Area Sq Ft Per Public Record: 1882
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished, Interior Access, Concrete Floor, Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 22

Exterior Features

  • Exterior Features: Porch-Enclosed, Porch
  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private
  • Total Parking Spaces: 2
  • Garage And Parking: None, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Gas In Street, Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.14
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: OP
  • Parcel #: 650017

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5222
  • Total Assessed Value: 133280
  • Mil Rate Total: 39.18

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,222 $133,280 $28,000 $105,280
2024 $5,277 $133,280 $28,000 $105,280
2023 $5,102 $133,280 $28,000 $105,280
2022 $4,085 $82,530 $7,980 $74,550
2021 $4,085 $82,530 $7,980 $74,550
2020 $4,168 $82,530 $7,980 $74,550
2019 $4,168 $82,530 $7,980 $74,550
2018 $4,168 $82,530 $7,980 $74,550
2017 $4,694 $92,960 $9,030 $83,930
2016 $4,694 $92,960 $9,030 $83,930
2015 $4,555 $92,960 $9,030 $83,930
2014 $4,555 $92,960 $9,030 $83,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $325,000 +140.7% $173 / Sq Ft
10/05/2021 10/05/21 Sold $135,000 +3.9% $72 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $129,900 -- $69 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 None Available
Warranty Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,809 FHA
Source: Public Records

About the Listing Agent

Clifton Green

Coldwell Banker Realty

(860) 300-8013

Section Image

Clifton Green – Real Estate Professional

Clifton Green is a highly accomplished Realtor with Coldwell Banker Realty, serving clients throughout Connecticut. With a commitment to professionalism, integrity, and results-driven service, Clifton has established himself as a trusted expert in residential real estate, specializing in probate, pre-foreclosures, home renovations, and investment properties.

As a Certified Real Estate Negotiator, Clifton holds several key industry

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Source: SmartMLS

MLS Number: 24097307

SmartMLS

APN: NBRI-000008C-000000-C000027