320 Chestnut
New Britain, CT 06051

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 10 BR
Bathrooms: 6
Pets: Pets Unknown
Area: 5786 sq ft

Financials

Price:$699,999
Annual Taxes:$13,963
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Michelle Lorenzetti of Premier Re Group LLC

Description

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.

Amenities

  • Deck
  • Elementary School - Per Board of Ed
  • Gutters
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed
  • Sidewalk
  • Thermopane Windows

Turnkey 6 unit multifamily with strong rental history and steady income stream.


SmartMLS

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Information Copyright 2025, Smart MLS, LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.