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147 Jubilee Street

New Britain, Connecticut 06051

ACTIVE$349,000
Beds
4
Baths
2
SqFt
4,516
Acres
0.24
Year Built
1880
Matt Caiola

Matt Caiola

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About This Home

Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second and third floors into a larger apartment configuration, making it 4 bed unit. Major mechanical systems have been updated and serviced, reducing near-term capital expenditure concerns. The full basement provides three separate storage rooms, creating additional tenant amenities or rental opportunities. A standout feature is the enormous two-story, three-bay garage, fully rented to tenants that are not living at the property. The upper level currently includes a fully equipped gym space with tatami mats, offering endless possibilities for storage, business use, hobby space, fitness operations or future conversion opportunities. Outside the property boasts parking for approximately 10+ vehicles, creating potential for additional income through storage, or vehicle parking, contractor parking. Conveniently located in New Britain

Key Facts

City/Town
New Britain
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1880
Days on Market
56 days
Beds
4
Baths
2 full
Living Area
4,516 sq ft
Lot Size
0.24 acres
Garage / Parking
1 garage · 8 total
Property Taxes
$6,319 / 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

$349,000

vs $479,999 median

27.3% below median

Price / Sq Ft

$77

vs $169 median

54.4% below median

Days on Market

56 days

vs 33 days median

23 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

147 Jubilee Street, New Britain, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,422

per month

  • Principal & Interest$1,779
  • Property Taxes$527
  • Insurance$116
  • 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
1880
New Construction
No/Resale
Living Area
4,516 sq ft
Below Grade
2,300 sq ft

Schools

Elementary
Per Board of Ed
High
New Britain

Interior

Heating
Hot AirRadiant
Heat Fuel
Natural Gas
Cooling
Ceiling FansWindow Unit
Laundry
Common Laundry Area
Basement
FullUnfinishedStorage

Exterior & Lot

Lot Size
0.24 acres
Zoning
T
Garage / Parking
1 garage space8 total parking spacesDetached GaragePavedDrivewayPrivatePavedAsphalt
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
Asphalt ShingleShingle
Foundation
SlabStone
Lot Description
City Views

Listing & Financials

Property Taxes
$6,319 / Annually
Days on Market
56
MLS #
24180380
MLS Status
Active

Similar Properties

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Listed By

Ida Carter

(860) 212-0074

The DIY Listing

(888) 456-6216

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.