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324 South Main Street

New Britain, Connecticut 06051

ACTIVE - NEW$599,900
Beds
12
Baths
4 | 1
SqFt
6,003
Acres
0.16
Year Built
1920
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Excellent investment opportunity featuring two residential buildings on one parcel - a three-family home plus a separate single-family home, providing four total income-producing units. All four units offer 3 bedrooms, with current gross rents totaling $6,211 per month/$74,532 annually. Property has benefited from extensive recent capital improvements including roofs, heating systems, kitchens, bathroom renovations, porches and gutters. Multifamily roof replaced in 2019 and single-family roof replaced in 2023. Single-family gas furnace replaced in 2026. Additional improvements include updated kitchens in the first and third-floor units and a recently renovated second-floor bathroom. Tenants responsible for their own utilities with owner responsible for water. Strong existing income with additional rental upside. Excellent opportunity for an investor looking to add a four-unit property with significant recent capital improvements to their portfolio.

Key Facts

City/Town
New Britain
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1920
Days on Market
0 days
Beds
12
Baths
4 full · 1 half
Living Area
6,003 sq ft
Lot Size
0.16 acres
Property Taxes
$7,874 / Annually

Market Snapshot

The New Britain Market

Multi-Family · trailing 12 months

Median Days on Market

32

23 active listings

Median $ / Sq Ft

$160

23 active listings

Sale-to-List Ratio

104.0%

200 sales

How this home compares

List Price

$599,900

vs $489,111 median

22.7% above median

Price / Sq Ft

$100

vs $160 median

37.5% below median

Days on Market

0 days

vs 32 days median

32 days fresher than median

Based on 23 active and 200 closed sales (trailing 12 mo) of multi-family in New Britain. Source: SmartMLS · As of August 11, 2026.

Location

324 South Main Street, New Britain, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,950

per month

  • Principal & Interest$3,094
  • Property Taxes$656
  • Insurance$200
  • 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
Quadruplex
Style
Units on different Floors
Year Built
1920
New Construction
No/Resale
Living Area
6,003 sq ft
Below Grade
2,053 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Other
Cooling
Window Unit
Basement
Full

Exterior & Lot

Lot Size
0.16 acres
Zoning
B1
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Asbestos
Roof
Asphalt Shingle
Foundation
MasonryStone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,874 / Annually
Days on Market
0
MLS #
24198479
MLS Status
Active

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Listed By

Scott Hollister

(860) 869-2842

eXp Realty

(866) 828-3951

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/11/2026. 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 8/11/2026 at 10:40 PM UTC.