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12 Oak Street

New Britain, Connecticut 06051

ACTIVE$249,000

Reduced from $265,000

Beds
6
Baths
3
SqFt
2,090
Acres
0.13
Year Built
1897
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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Price Reduced

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

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

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,745

per 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

Homes with a close match in area, property type, and price.

Listed By

Jacob Wint

(413) 531-1535

William Pitt Sotheby's Int'l

(860) 777-1800

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.