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78 Rhodes Street

New Britain, Connecticut 06051

ACTIVE - NEW$489,111
Beds
6
Baths
0
SqFt
2,723
Acres
0.32
Year Built
1880
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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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. Highest & Best by Sunday at 5.

Key Facts

City/Town
New Britain
Neighborhood
N/A
Property / Style
Multi-Family · 3updown - Unit(s) per Floor
Year Built
1880
Days on Market
0 days
Beds
6
Baths
0 baths
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

Median Days on Market

26

25 active listings

Median $ / Sq Ft

$160

25 active listings

Sale-to-List Ratio

104.0%

197 sales

How this home compares

List Price

$489,111

vs $469,900 median

In line with median

Price / Sq Ft

$180

vs $160 median

12.5% above median

Days on Market

0 days

vs 26 days median

26 days fresher than median

Based on 25 active and 197 closed sales (trailing 12 mo) of multi-family in New Britain. Source: SmartMLS · As of August 8, 2026.

Location

78 Rhodes Street, New Britain, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,349

per month

  • Principal & Interest$2,522
  • 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
0
MLS #
24197311
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

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

Listed By

Lisa Cozzi

(860) 508-2102

Century 21 AllPoints Realty

(860) 263-2121

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 8/8/2026. 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 8/8/2026 at 4:56 AM UTC.