#24069600, Cindy Warner, Listing Office: eXp Realty

22 School St New Britain, CT 06051
Property details
About 22 School St
Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP rate based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain.
Highlights
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking, Driveway
- Exterior: Porch-Enclosed, Porch
- Heating: Baseboard, Gas
- Cooling: None
- List Price: $325,000
- Price/SqFt: $172
- Annual Tax Amount: $5,277
- Tax Year: 2024
- Lot: Level
- Directions: Prospect Street to School Street.
- Year Built: 1962
- Living Area: 1,882 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 24097307
- Office Name: Coldwell Banker Realty
- Office Phone: (203) 878-7424
- Office Email: clifton.green@cbmoves.com
- Listing Agent: Clifton Green
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Last updated on: 5/24/2025, 2:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$325,000
22 School St
$3,859
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 13, 2021 | Home Sold | $135,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $133,280 | $5,277 |
2023 | $133,280 | $5,102 |
2022 | $82,530 | $4,085 |
2021 | $82,530 | $4,085 |
2020 | $82,530 | $4,168 |
2019 | $82,530 | $4,168 |
History based on county public records data.
Nearby schools
3
Northend Elementary School
Public District KG-5
0.6 mi
•160 Bassett St
4
Vance Elementary School
Public District KG-5
0.8 mi
•183 Vance St
3
Lincoln Elementary School
Public District KG-5
1.1 mi
•145 Steele St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,273. The most common annual income of people living in New Britain, CT is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 22 School St in New Britain, CT and zip code 06051. This 1,882 square foot home, which was built in 1962, sits on a 0.14 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $325,000.
In April 2025 more than 30 listings in New Britain, CT were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 14 were sold below. The number of listings in New Britain, CT increased by 8% between March and April 2025.