490 South Street
New Britain, Connecticut 06051
- Beds
- 7
- Baths
- 3
- SqFt
- 2,910
- Acres
- 0.26
- Year Built
- 1880
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Welcome to this turn key 3 family property in New Britain. This property delivers a rare opportunity perfect for investors, owner occupants or anyone seeking strong cash flow with zero delays! Each unit has generous layouts, updated kitchens and baths and move in ready finishes! With separate utilities, Natural gas heating & a clean basement for storage. Whether you're building a high performing investment portfolio or planning to live in one unit and let the others offset your mortgage, this renovated income producing multi-family offers exceptional value, long term stability and the flexibility today's buyers are looking for in one of Ct's strongest rental markets!
Key Facts
- City/Town
- New Britain
- Neighborhood
- N/A
- Property / Style
- Multi-Family · 3updown - Unit(s) per Floor
- Year Built
- 1880
- Days on Market
- 233 days
- Beds
- 7
- Baths
- 3 full
- Living Area
- 2,910 sq ft
- Lot Size
- 0.26 acres
- Property Taxes
- $6,837 / Annually
Market Snapshot
The New Britain Market
Multi-Family · trailing 12 months
Active Listings
21
42 under contract
Median List Price
$479,999
21 active listings
Median Closed Price
$450,000
197 sales
Median Days on Market
33
21 active listings
Median $ / Sq Ft
$169
21 active listings
Sale-to-List Ratio
103.9%
197 sales
How this home compares
List Price
$475,000
vs $479,999 median
In line with median
Price / Sq Ft
$163
vs $169 median
In line with median
Days on Market
233 days
vs 33 days median
200 days longer than median
Based on 21 active and 197 closed sales (trailing 12 mo) of multi-family in New Britain. Source: SmartMLS · As of July 28, 2026.
Location
490 South Street, New Britain, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,422
- Property Taxes$570
- Insurance$158
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New Britain
- Neighborhood
- N/A
- County
- Hartford
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- 3updown - Unit(s) per Floor
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 2,910 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.26 acres
- Zoning
- T
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $6,837 / Annually
- Days on Market
- 233
- MLS #
- 24143780
- MLS Status
- Under Contract - Continue to Show
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 5:15 AM UTC.