324 South Main Street
New Britain, Connecticut 06051
- Beds
- 12
- Baths
- 4 | 1
- SqFt
- 6,003
- Acres
- 0.16
- Year Built
- 1920
- Property Type
- 4 Family

Matt Caiola
Luxury Real Estate Advisor
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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
Active Listings
23
43 under contract
Median List Price
$489,111
23 active listings
Median Closed Price
$450,000
200 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 6, 2026per 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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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.