40 Dewey St New Britain, CT 06051
Estimated payment $4,981/month
Total Views
11,243
14
Beds
6
Baths
6,018
Sq Ft
$120
Price per Sq Ft
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,364
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
Home Design
- 6,018 Sq Ft Home
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Flat Tile Roof
- Masonry Siding
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 642539
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $725,000 | +3.7% | $120 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $699,000 | +1065.0% | $116 / Sq Ft |
| 07/16/2012 07/16/12 | Sold | $60,000 | +1.7% | $10 / Sq Ft |
| 07/08/2012 07/08/12 | Pending | -- | -- | -- |
| 06/28/2012 06/28/12 | For Sale | $59,000 | -- | $10 / Sq Ft |
Source: SmartMLS
Similar Homes in New Britain, CT
Source: SmartMLS
MLS Number: 24097416
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