240 Washington St New Britain, CT 06051
Estimated payment $5,926/month
Total Views
10,232
10
Beds
8
Baths
6,353
Sq Ft
$138
Price per Sq Ft
Highlights
- Property is near public transit
- Porch
- Baseboard Heating
- Attic
- Public Transportation
- Level Lot
About This Home
Fantastic investment opportunity in Little Poland neighborhood with value add potential! 2 properties, 1 parcel. Front building is a 6 unit brick asset with 4,905 SF - all 1 bed units. Rear building is a 2 family with 1,448 SF - both 2 bed units. 100% Occupied! Both buildings offer separate and tenant paid utilities - gas heat, hot water and cooking + electric. Some renovations throughout with hardwood floors and unit renovations. Overall well maintained assets. There is also off-street parking for both buildings. Rents are way below market = BIG UPSIDE 13% ROI pro-forma. Amazing location with a short walk to Broad St and all Little Poland has to offer. Do NOT walk the property without an appt.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,913
Year Built
- Built in 1910
Lot Details
- 0.26 Acre Lot
- Level Lot
Parking
- 8 Parking Spaces
Home Design
- Side-by-Side
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Flat Tile Roof
- Aluminum Siding
- Masonry Siding
- Masonry
Interior Spaces
- 6,353 Sq Ft Home
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Outdoor Features
- Exterior Lighting
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 8 Units
- Public Transportation
- Gross Income $100,800
Listing and Financial Details
- Assessor Parcel Number 652380
Map
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Home Values in the Area
Average Home Value in this Area
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 | $13,913 | $355,110 | $51,520 | $303,590 |
| 2024 | $14,059 | $355,110 | $51,520 | $303,590 |
| 2023 | $13,594 | $355,110 | $51,520 | $303,590 |
| 2022 | $9,293 | $187,740 | $17,080 | $170,660 |
| 2021 | $9,293 | $187,740 | $17,080 | $170,660 |
| 2020 | $9,481 | $187,740 | $17,080 | $170,660 |
| 2019 | $9,481 | $187,740 | $17,080 | $170,660 |
| 2018 | $9,481 | $187,740 | $17,080 | $170,660 |
| 2017 | $9,198 | $182,140 | $17,780 | $164,360 |
| 2016 | $9,198 | $182,140 | $17,780 | $164,360 |
| 2015 | $8,925 | $182,140 | $17,780 | $164,360 |
| 2014 | $8,925 | $182,140 | $17,780 | $164,360 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2025 06/28/25 | For Sale | $875,000 | +191.7% | $138 / Sq Ft |
| 12/17/2015 12/17/15 | Sold | $300,000 | -6.3% | $47 / Sq Ft |
| 11/19/2015 11/19/15 | Pending | -- | -- | -- |
| 05/26/2015 05/26/15 | For Sale | $320,000 | -- | $50 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $118,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,000 | Commercial | |
| Previous Owner | $118,300 | Commercial |
Source: Public Records
Similar Homes in New Britain, CT
Source: SmartMLS
MLS Number: 24107812
APN: NBRI-000006C-000000-C000050
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