59 Trinity St New Britain, CT 06051
Estimated payment $4,950/month
About This Home
Exceptional 5-unit investment opportunity offering strong in-place income with clear potential to exceed $100,000+ in annual revenue. This well-maintained property currently generates approximately $93,300 per year, with all utilities paid by tenants, resulting in a highly efficient, low-expense operation. The property features a highly desirable unit mix, including three large 3-bedroom units (each approximately 1,400+ sq ft) in the front building, along with a 2-bedroom and a rare 5-bedroom unit in the rear building. Each unit is equipped with its own washer and dryer, a highly sought-after amenity that enhances tenant retention and rental value. Significant capital improvements have been completed since ownership, totaling in excess of $175,000. Updates include a new roof on the front building (2025), new siding on the front building (2025), and new siding on three sides of the rear building. Interior upgrades have been completed throughout as needed, including updated kitchens with new cabinets, countertops, and appliances, as well as improvements to flooring and windows. Two units are currently on month-to-month leases, offering immediate opportunity for rental adjustments and increased cash flow. Several units are below current market rents, presenting a clear value-add opportunity for investors seeking to reposition the asset and maximize returns. With tenant-paid utilities, strong existing occupancy, and substantial recent improvements, scroll down
Listing Agent
Coldwell Banker Realty Brokerage Phone: (860) 222-5460 License #RES.0806581 Listed on: 03/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,299
Year Built
- Built in 1900
Parking
- 6 Parking Spaces
Home Design
- Asphalt Shingled Roof
- Concrete Siding
- Vinyl Siding
- Masonry
Interior Spaces
- 6,519 Sq Ft Home
- Basement Fills Entire Space Under The House
- Walkup Attic
Bedrooms and Bathrooms
- 16 Bedrooms
- 5 Full Bathrooms
Additional Features
- 8,276 Sq Ft Lot
- Property is near bus stop
- Heating System Uses Gas
Community Details
- 5 Units
- Gross Income $93,300
Listing and Financial Details
- Assessor Parcel Number 651902
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | For Sale | $724,500 | -- | $111 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | None Available | |
| Warranty Deed | $325,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $158,000 | -- | |
| Warranty Deed | $158,000 | -- | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $239,018 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | Commercial | |
| Closed | $360,000 | Commercial | |
| Previous Owner | $270,000 | Commercial | |
| Previous Owner | $173,720 | Commercial |
Source: SmartMLS
MLS Number: 24159271
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Ask me questions while you tour the home.