30 days on market
Active
More about this Property

If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!


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

Public Remarks

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!

Map to Property at 40 Dewey Street, New Britain CT 06051


GPS

Residential Property Information for 40 Dewey Street, New Britain CT 06051

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

Features
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
Utility Information

Hot Water System

Heat Type:

Fueled By: Baseboard.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

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

Listing Agent and Broker

List Agent Name: Molly Sullivan

List Office Name: Century 21 AllPoints Realty