78 Rhodes Street
New Britain, Connecticut 06051
- Beds
- 6
- Baths
- 3
- SqFt
- 2,723
- Acres
- 0.32
- Year Built
- 1880
- Property Type
- 3 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
Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset.
Key Facts
- City/Town
- New Britain
- Neighborhood
- N/A
- Property / Style
- Multi-Family · 3updown - Unit(s) per Floor
- Year Built
- 1880
- Days on Market
- 61 days
- Beds
- 6
- Baths
- 3 full
- Living Area
- 2,723 sq ft
- Lot Size
- 0.32 acres
- Property Taxes
- $7,970 / Annually
Market Snapshot
The New Britain Market
Multi-Family · trailing 12 months
Active Listings
28
43 under contract
Median List Price
$459,500
28 active listings
Median Closed Price
$456,000
191 sales
Median Days on Market
46
28 active listings
Median $ / Sq Ft
$156
28 active listings
Sale-to-List Ratio
103.8%
191 sales
How this home compares
List Price
$489,111
vs $459,500 median
6.4% above median
Price / Sq Ft
$180
vs $156 median
15.4% above median
Days on Market
61 days
vs 46 days median
15 days longer than median
Based on 28 active and 191 closed sales (trailing 12 mo) of multi-family in New Britain. Source: SmartMLS · As of October 8, 2026.
Location
78 Rhodes Street, New Britain, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$2,709
- Property Taxes$664
- Insurance$163
- 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
- 3 Family
- Style
- 3updown - Unit(s) per Floor
- Year Built
- 1880
- New Construction
- No/Resale
- Living Area
- 2,723 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- New Britain
Interior
- Heating
- Baseboard
- Heat Fuel
- Natural Gas
- Cooling
- Window Unit
- Laundry
- Basement Hook-Up(s)
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.32 acres
- Zoning
- T
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Color
- Gray
- Roof
- Asphalt Shingle
- Foundation
- BrickConcrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $7,970 / Annually
- Days on Market
- 61
- MLS #
- 24197311
- MLS Status
- Under Contract
- Financing
- FHA,VA,CHFA
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Kaylyn Pusczynski
Century 21 AllPoints Realty
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 10/8/2026. 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 10/8/2026 at 10:20 PM UTC.