12 Oak Street
New Britain, Connecticut 06051
Reduced from $265,000
- Beds
- 6
- Baths
- 3
- SqFt
- 2,090
- Acres
- 0.13
- Year Built
- 1897
- Property Type
- 2 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
Investor Alert! Incredible Cash Flow & Commercial Potential in New Britain! Maximize your real estate portfolio with this uniquely versatile property at 12 Oak Street. Perfectly configured for a savvy investor or an owner-occupant looking to "house-hack," this property offers a rare combination of residential living and commercial adaptability. The main residential layout features 4 bedrooms and 2 full bathrooms. Each primary unit footprint offers 786 square feet of highly functional living space. The massive value-add lies in the fully finished lower level, which boasts an additional 2 rooms (ideal for bedrooms, private offices, or inventory storage), a second full kitchen, and a third full bathroom. Featuring a flexible layout and excellent exposure, this space presents an incredible opportunity to open up a storefront, run a home-based business, or optimize for a dual-stream rental income setup. Outside, tenants or owners will enjoy a large, private backyard-a rare premium in the city. The property is being sold strictly as-is, allowing you to bring your updates, build immediate sweat equity, and capture top-market rents in a high-demand rental market. Don't miss out on this multi-stream income producer. Schedule your showing today!
Key Facts
- City/Town
- New Britain
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1897
- Days on Market
- 58 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 2,090 sq ft
- Lot Size
- 0.13 acres
- Garage / Parking
- 4 total
- Property Taxes
- $4,704 / 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
$249,000
vs $479,999 median
48.1% below median
Price / Sq Ft
$119
vs $169 median
29.6% below median
Days on Market
58 days
vs 33 days median
25 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
12 Oak Street, New Britain, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,270
- Property Taxes$392
- Insurance$83
- 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
- Duplex
- Style
- Units on different Floors
- Year Built
- 1897
- New Construction
- No/Resale
- Living Area
- 2,090 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- New Britain
Interior
- Heating
- Gas on Gas
- Cooling
- Central Air
- Basement
- FullFully Finished
Exterior & Lot
- Lot Size
- 0.13 acres
- Zoning
- T
- Garage / Parking
- 4 total parking spacesPavedDrivewayPrivate
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- ConcreteStone
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $4,704 / Annually
- Days on Market
- 58
- MLS #
- 24179797
- 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 6:55 AM UTC.