$325,000

22 School St New Britain, CT 06051

$3,859
Closing credit¹
6 beds
2 full
1,882 sqft
0.1 acres
$173 / sqft
Multi-Family

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

Home typeMulti Family
HeatingBaseboard, Gas
StatusActive
Size1,882 sqft
BasementYes
Lot size0.14 Acres
Year built1962
ParkingNone, Off Street Parking, Driveway
MLS #24097307

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

IDXCopyright © 2025 Smart MLS. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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22 School St, New Britain, CT 06051 - view of front of house featuring a front lawn, cooling unit, and a shingled roof

$325,000

22 School St

$3,859

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 13, 2021
Home Sold
$135,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

52%
<35k
44%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
23%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • PontiacPontiac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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