59 Trinity Street, New Britain, CT 06051
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
59 Trinity Street,New Britain, CT 06051
$724,500
- 16 Beds
- 5 Baths
- 6,519 sq. ft.
- Multi-family
- Pending
Listed by: ali white ginnett(860) 222-5460
Office: coldwell banker realty(860) 644-2461
MLS#:24159271
Source:CT
Price summary
- Price:$724,500
- Price per sq. ft.:$111.14
About this home
Exceptional 5-unit investment opportunity offering strong in-place income with clear potential to exceed $100,000+ in annual revenue. This well-maintained property currently generates approximately $93,300 per year, with all utilities paid by tenants, resulting in a highly efficient, low-expense operation. The property features a highly desirable unit mix, including three large 3-bedroom units (each approximately 1,400+ sq ft) in the front building, along with a 2-bedroom and a rare 5-bedroom unit in the rear building. Each unit is equipped with its own washer and dryer, a highly sought-after amenity that enhances tenant retention and rental value. Significant capital improvements have been completed since ownership, totaling in excess of $175,000. Updates include a new roof on the front building (2025), new siding on the front building (2025), and new siding on three sides of the rear building. Interior upgrades have been completed throughout as needed, including updated kitchens with new cabinets, countertops, and appliances, as well as improvements to flooring and windows. Two units are currently on month-to-month leases, offering immediate opportunity for rental adjustments and increased cash flow. Several units are below current market rents, presenting a clear value-add opportunity for investors seeking to reposition the asset and maximize returns. With tenant-paid utilities, strong existing occupancy, and substantial recent improvements, scroll down...
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Home facts
- Year built:1900
- Listing ID #:24159271
- Added:98 day(s) ago
- Updated:June 25, 2026 at 09:11 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:26
- Basement Description:Full Basement
- Living area:6,519 sq. ft.
Heating and cooling
- Heating:Gas on Gas
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:6,519 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$724,500
- Price per sq. ft.:$111.14
- Tax amount:$13,299 (July 2025-June 2026)
Features and amenities
- Amenities:Walk to Bus Lines
Parking
- Total parking spaces:6
- Parking description:Off Street Parking, Unpaved
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