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22 School Street, New Britain CT 06051
Current Price: $325,000
6 beds
2 baths
1882 sq. ft
Last Update: 6/23/2025
Property Type: Multi-Family For Sale
Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in todays market-offering immediate rental income and long-term appreciation potential. Dont miss your chance to own this exceptional 2 family home in the heart of New Britain. **REVIEWING BIDS. SUBMIT IF INTERESTED**
Prospect Street to School Street.
MLS #: 24097307
Style: Units on different Floors
Color: Blue
Total Rooms:
Bedrooms: 6
Bathrooms: 2
Acres: 0.14
Year Built: 1962 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $5,277
Zoning: OP
Mil Rate:
Assessed Value: $133,280
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 1882; below grade sq feet total is ; total sq ft is 1882
Laundry Location & Info: | All Units Have Hook-Ups,Basement Hook-Up(s) Basement |
Fireplaces: | 0 |
Basement Desc.: | Full,Unfinished,Interior Access,Concrete Floor,Full With Walk-Out |
Exterior Siding: | Wood |
Exterior Features: | Porch-Enclosed,Porch |
Foundation: | Concrete |
Roof: | Asphalt Shingle |
Driveway Type: | Private |
Garage/Parking Type: | None,Off Street Parking,Driveway |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Level Lot |
Nearby Amenities: | Basketball Court,Commuter Bus,Library,Medical Facilities,Public Transportation,Walk to Bus Lines |
In Flood Zone: | 0 |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Baseboard,Gas on Gas.
Cooling: None
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Per Board of Ed
Current List Price: $325,000
Original List Price: $325,000
DOM: 4
Listing Date: 5/20/2025
Last Updated: 5/27/2025 8:17:16 PM
Expected Active Date: 5/23/2025
List Agent Name: Clifton Green
List Office Name: Coldwell Banker Realty