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40 Dewey Street, New Britain CT 06051
Current Price: $699,000
14 beds
6 baths
6018 sq. ft
Last Update: 6/20/2025
Property Type: Multi-Family For Sale
CASH FLOW! 9.8% 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. Dont miss this impeccably kept income generator!
GPS
MLS #: 24097416
Style: Other
Color:
Total Rooms:
Bedrooms: 14
Bathrooms: 6
Acres: 0.2
Year Built: 1900 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $12,493
Zoning: Tod-Em
Mil Rate:
Assessed Value: $315,560
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 6018; below grade sq feet total is ; total sq ft is 6018
Laundry Location & Info: | Washer/Dryer Some Units Some units with washer/dryer hookups |
Fireplaces: | 0 |
Basement Desc.: | Full,Interior Access |
Exterior Siding: | Brick |
Foundation: | Stone |
Roof: | Flat |
Garage/Parking Type: | None |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Level Lot |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Baseboard.
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: $699,000
Original List Price: $699,000
DOM: 30
Listing Date: 5/21/2025
Last Updated: 5/22/2025 1:48:14 PM
List Agent Name: Molly Sullivan
List Office Name: Century 21 AllPoints Realty