198 Oak Street
New Britain, Connecticut 06051
- Beds
- 9
- Baths
- 3 | 1
- SqFt
- 3,528
- Acres
- 0.12
- Year Built
- 1870
- Property Type
- 4 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
This turnkey property features 4 units: 3 residential apartments and 1 business space, all well-maintained in a desirable area. Ideal for investors or first-time homebuyers who want to live in one residential unit while generating rental income. The property has a new roof (2026), a new fire alarm system (2026), and is fully up to code. The exterior combines brick and vinyl, and capital improvements include new vinyl windows, upgraded vinyl flooring, and new vinyl siding (2021). Inside, two units and common areas have freshly painted walls. A large parking lot offers plenty of off-street parking for residents. The property is conveniently located with easy access to Rt 9, shopping, restaurants, and local amenities. Whether you plan to expand your portfolio or occupy one unit while the others help pay your mortgage, this opportunity stands out. Properties like this move quickly. Do not miss it. Schedule your showing!
Key Facts
- City/Town
- New Britain
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1870
- Days on Market
- 132 days
- Beds
- 9
- Baths
- 3 full · 1 half
- Living Area
- 3,528 sq ft
- Lot Size
- 0.12 acres
- Garage / Parking
- 8 total
- Property Taxes
- $5,633 / 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
$579,000
vs $479,999 median
20.6% above median
Price / Sq Ft
$164
vs $169 median
In line with median
Days on Market
132 days
vs 33 days median
99 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
198 Oak Street, New Britain, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,952
- Property Taxes$469
- Insurance$193
- 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
- Quadruplex
- Style
- Units on different Floors
- Year Built
- 1870
- New Construction
- No/Resale
- Living Area
- 3,528 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- 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
- 0.12 acres
- Zoning
- B1R
- Garage / Parking
- 8 total parking spacesParking Lot
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl SidingBrick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Corner Lot
Listing & Financials
- Property Taxes
- $5,633 / Annually
- Days on Market
- 132
- MLS #
- 24079481
- MLS Status
- Active
Similar Properties
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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 7:50 AM UTC.