250 North Street
New Britain, Connecticut 06051
- Beds
- 21
- Baths
- 15
- SqFt
- 14,408
- Acres
- 0.64
- Year Built
- 1908
- Property Type
- 5+ Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Excellent investment opportunity to acquire a 16-unit mixed-use asset positioned along one of New Britain's primary commercial corridors. The property comprises 12 residential units, six 2-bedroom, 1-bath units and six 1-bedroom, 1-bath units, along with four commercial spaces. The commercial component is occupied by a nail academy utilizing two spaces, a pizzeria, and a mini market, providing diversified income across multiple uses. The landlord provides heat, while residential tenants are responsible for their separately metered hot water and electricity. The asset offers ample on-site parking, strong street visibility, and additional upside through rent growth as units turn over. The property is conveniently located near CCSU and Downtown New Britain, with easy access to public transportation and major highways.
Key Facts
- City/Town
- New Britain
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors,Other
- Year Built
- 1908
- Days on Market
- 0 days
- Beds
- 21
- Baths
- 15 full
- Living Area
- 14,408 sq ft
- Lot Size
- 0.64 acres
- Property Taxes
- $20,764 / Annually
Market Snapshot
The New Britain Market
Multi-Family · trailing 12 months
Active Listings
23
44 under contract
Median List Price
$439,900
23 active listings
Median Closed Price
$450,000
197 sales
Median Days on Market
29
23 active listings
Median $ / Sq Ft
$162
23 active listings
Sale-to-List Ratio
104.0%
197 sales
How this home compares
List Price
$1.82M
vs $439,900 median
4.1× the median
Price / Sq Ft
$127
vs $162 median
21.6% below median
Days on Market
0 days
vs 29 days median
29 days fresher than median
Based on 23 active and 197 closed sales (trailing 12 mo) of multi-family in New Britain. Source: SmartMLS · As of August 6, 2026.
Location
250 North Street, New Britain, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 30, 2026per month
- Principal & Interest$9,382
- Property Taxes$1,730
- Insurance$608
- 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
- 5 Family+
- Style
- Units on different Floors,Other
- Year Built
- 1908
- New Construction
- No/Resale
- Living Area
- 14,408 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- New Britain
Interior
- Heating
- Baseboard
- Heat Fuel
- Natural Gas
- Cooling
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.64 acres
- Zoning
- B1
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Brick
- Roof
- Flat
- Foundation
- Concrete
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $20,764 / Annually
- Days on Market
- 0
- MLS #
- 24197237
- 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 8/6/2026. 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 8/6/2026 at 6:31 AM UTC.