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Listed price in listed location currency (USD).
$724,500

1656

MLS® 24159271

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $13,299
Days Active 4
Lot Size 0.19 acres
Approx. Age 1900
MLS® Number 24159271

Property Address: 59 Trinity St, New Britain, CT, 06051-3416

Average square foot calculated using Size range provided by listing agent.

Description

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, this Property offers strong in-place income with clear path to $100K+ gross. Ideal for investors targeting large-unit and voucher-based rental demand. Proof of funds required for showings, needs to be DSCR or commercial loan. Professional Photos coming soon.
MLS® Number24159271
Laundry LevelWasher/Dryer All Units, In Each Unit
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayOff Street Parking, Unpaved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$724,500List Price
  • Commute

Commute

Starting Address
Destination Address
59 Trinity St, New Britain, CT

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