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320 Chestnut Street
Sold

320 Chestnut Street

320 Chestnut Street, New Britain, CT 06051

$621,000
Turnkey 6-unit multifamily with strong rental history and steady income stream. Separate tenant paid utilities. Conveniently located near downtown, shopping, schools, and major highways. Excellent opportunity for investors seeking cash flow with upside potential through market rent adjustments. Low vacancy, solid cap, and desirable central location make this a must-see income property. Additional income from 3 car garage and basement storage units. Value-add option with attic completion to increase bedroom count in lower unit or make into separate 7th unit with town approvals.

10
beds

6
baths

5,786 Sq.Ft. LIVING AREA

10,018.8 Sq.Ft. lot

Joseph Salzillo

Joseph Salzillo

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms6
  • full bathrooms6
  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Sold
  • Living Area5,786 Sq.Ft.
  • Total Area5,786 Sq.Ft.
  • Lot Area10,018.8 Sq.Ft.
  • MLS® ID24121570
  • TypeMulti-Family
  • YEAR BUILT1904
  • Architecture StylesUnits on different Floors
  • Elementary SchoolPer Board of Ed
  • Middle SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Exterior

  • Garage Space3.0
  • water SourcePublic
  • roofAsphalt
  • lot featuresLevel
  • parkingUnpaved
  • HEAT TYPENatural Gas, Baseboard
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$621,000
  • Real Estate Tax $13,963/yr
  • Zoning T

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