CASH FLOW! 9.2% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator! Selling AS-IS
For sale
Price increase: $26K (7/21)
$725,000
40 Dewey Street, New Britain, CT 06051
14beds
6,018sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Ample off-street parkingSolid brick six-unit buildingGranite countertopsStainless steel appliances
- 72 days
- on Zillow |
- 319 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 09:03am
Listed by:
Lisa Cozzi Team,
Molly Sullivan,
Century 21 AllPoints Realty,
Co-Listing Agent: Lisa Cozzi,
Century 21 AllPoints Realty
Source: Smart MLS,MLS#: 24097416

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Basement: Full,Interior Entry
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 6,018
- Total interior livable area: 6,018 sqft
- Finished area above ground: 6,018
Property
Parking
- Parking features: None
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Parcel number: 642539
- Zoning: Tod-Em
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Stone
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Britain
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $315,560
- Annual tax amount: $12,364
- Date on market: 5/22/2025
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