$475,000
OPEN SAT 12PM - 2PM COMING SOON

87 Prospect St New Britain, CT 06051

Estimated payment $3,228/month

Total Views 164
9 Beds
3 Baths
3,515 Sq Ft
5,227 Sq Ft Lot

Highlights

  • Thermal Windows
  • Baseboard Heating
  • Level Lot
  • Tankless Water Heater

About This Home

Exterior drive bys only until Saturday, March 21st. Exceptional turn-key 3-family, all units totally renovated, redone down to the studs in 2021, and offers the kind of income producing opportunity investors are always hoping to find, currently bringing in $5,250 per month with room to grow toward $6,000 per month. Boilers, roof, plumbing, electrical, siding, windows, granite, appliances, cabinets and windows are 5 years old. Common areas freshly painted. Separate utilities and individual laundry hookups create an efficient setup for ownership, while the lower level provides excellent storage and houses the utilities. A fully floored walk up attic adds even more valuable storage space. Common areas were freshly painted this month, and paved off street parking for five vehicles adds everyday convenience. Set close to parks, basketball courts, shopping, dining, public transportation, and major highways, this is a strong addition to an investment portfolio with features that support continued rental demand. Tenant paid utilities.

Listing Agent

Julie Corrado

Coldwell Banker Realty Brokerage Phone: (860) 604-3809 License #RES.0768194 Listed on: 03/17/2026

Coldwell Banker Realty

Co-Listing Agent

Mike Rethis

Coldwell Banker Realty Brokerage Phone: (860) 604-3809 License #RES.0827952

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,086

Year Built

  • Built in 1875

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,515 Sq Ft Home
  • Thermal Windows
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Schools

  • Vance Village Elementary School
  • Louis Slade Middle School
  • New Britain High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 3 Units
  • Gross Income $63,000

Listing and Financial Details

  • Assessor Parcel Number 649289

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,086

Year Built

Built in 1875

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3515
  • Total Sq Ft: 3515
  • Year Built: 1875
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Street Type: Street
  • Office Attribution Contact: (860) 644-2461
  • Reserve Prospect: No
  • Special Features: 33

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Full With Hatchway
  • Attic: No

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.12
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: OP
  • Parcel #: 649289

Multi Family

  • Gross Annual Income: 63000
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 9086

MLS Schools

  • Elementary School: Vance Village
  • Middle Jr High School: Louis Slade
  • High School: New Britain

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 $9,086 $231,910 $27,160 $204,750
2024 $9,181 $231,910 $27,160 $204,750
2023 $8,878 $231,910 $27,160 $204,750
2022 $6,286 $126,980 $7,770 $119,210
2021 $6,286 $126,980 $7,770 $119,210
2020 $6,412 $126,980 $7,770 $119,210
2019 $4,620 $91,490 $7,770 $83,720
2018 $4,620 $91,490 $7,770 $83,720
2017 $4,984 $98,700 $8,750 $89,950
2016 $4,984 $98,700 $8,750 $89,950
2015 $4,836 $98,700 $8,750 $89,950
2014 $4,836 $98,700 $8,750 $89,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2018 02/02/18 Sold $70,500 +0.7% $15 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
12/14/2017 12/14/17 For Sale $70,000 -- $15 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $306,000 --
Quit Claim Deed -- --
Warranty Deed $70,500 --
Quit Claim Deed -- --
Warranty Deed -- --
Deed $96,750 --
Warranty Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $229,500 Purchase Money Mortgage
Previous Owner $163,000 Credit Line Revolving
Previous Owner $6,636 No Value Available
Previous Owner $87,300 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24151490

SmartMLS

APN: NBRI-000008C-000000-C000014

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