$599,900
UNDER CONTRACT $25K PRICE DROP

481 Park St New Britain, CT 06051

Estimated payment $4,076/month

Total Views 1,125
8 Beds
4 Baths
3,986 Sq Ft
$151 Price per Sq Ft

Highlights

  • Property is near golf course, public transit, and shops
  • Thermal Windows
  • Public Transportation
  • Attic
  • Covered Deck
  • Private Driveway

About This Home

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.

Listing Agent

Tracy Molloy

Coldwell Banker Realty Brokerage Phone: (860) 573-8525 License #RES.0767042 Listed on: 06/01/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,109

Year Built

  • Built in 1885

Lot Details

  • 14,375 Sq Ft Lot
  • Stone Wall

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Stone Frame
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,986 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Attic

  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Garage
  • Private Driveway

Schools

  • New Britain High School

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Additional Features

  • Covered Deck
  • Property is near golf course, public transit, and shops

Community Details

  • 4 Units
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 648909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,109

Year Built

Built in 1885

Lot Details

0.33 Acres

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3986
  • Total Sq Ft: 3986
  • Year Built: 1885
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Golf Course, Public Transportation, Shopping/Mall
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Stanley to Park
  • Financing Used: VA
  • Street Type: Street
  • Office Attribution Contact: (860) 633-3661
  • Reserve Prospect: No
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Unfinished, Storage Space, Walk-up
  • Basement Description: Full, Concrete Floor, Full With Walk-Out
  • Laundry Room Location: each unit
  • Attic: Yes

Exterior Features

  • Exterior Features: Sidewalk, Covered Deck, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Brick, Stone

Garage/Parking

  • Garages Number: 3
  • Driveway Type: Private
  • Total Parking Spaces: 8
  • Garage And Parking: Detached Garage, On Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas, Hot Air, Wall Unit
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.33
  • Lot Description: Lightly Wooded Level Lot
  • Zoning: T
  • Parcel #: 648909

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10109

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,109 $258,020 $53,200 $204,820
2024 $10,215 $258,020 $53,200 $204,820
2023 $9,877 $258,020 $53,200 $204,820
2022 $8,191 $165,480 $24,500 $140,980
2021 $8,191 $165,480 $24,500 $140,980
2020 $8,357 $165,480 $24,500 $140,980
2019 $8,357 $165,480 $24,500 $140,980
2018 $8,357 $165,480 $24,500 $140,980
2017 $7,197 $142,520 $24,500 $118,020
2016 $7,197 $142,520 $24,500 $118,020
2015 $6,983 $142,520 $24,500 $118,020
2014 $6,983 $142,520 $24,500 $118,020
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Price Changed $599,900 -4.0% $151 / Sq Ft
06/01/2026 06/01/26 For Sale $624,900 -- $157 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24179625

SmartMLS

APN: NBRI-000008C-000000-B000173

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