$699,000

40 Dewey St New Britain, CT 06051

$8,301
Closing credit¹
14 beds
6 full
6,018 sqft
0.2 acres
$116 / sqft
Multi-Family

Property details

About 40 Dewey St

CASH FLOW! 9.8% CAP! A rare opportunity to own a fully occupied, solid brick six-unit building in a prime New Britain location! This well-maintained asset features a mix of spacious 2- and 3-bedroom units, many of which have been tastefully updated over the years with granite countertops, stainless steel appliances, and durable hardwood, tile, or vinyl flooring throughout. With separate, tenant-paid utilities, newer mechanicals, and ample off-street parking, this turnkey property checks all the boxes for investors seeking dependable returns and low-maintenance ownership. Situated on a quiet side street just minutes from downtown New Britain, shopping, parks, and major highways, this is a high-performing asset with strong rental history and room for future upside. Don't miss this impeccably kept income generator!

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size6,018 sqft
BasementYes
Lot size0.2 Acres
Year built1900
MLS #24097416

Summary

  • Full Bathrooms: 6
  • Basement: Yes
  • Total Bedroom Count: 14
  • Attached Garage: No
  • Private Pool: No
  • Parking: None
  • Architectural Style: Other
  • Heating: Baseboard
  • Cooling: None
  • List Price: $699,000
  • Price/SqFt: $116
  • Annual Tax Amount: $12,493
  • Tax Year: 2024
  • Lot: Level
  • Directions: GPS
  • Year Built: 1900
  • Living Area: 6,018 SqFt
  • Lot Size: 0.2 Acres
  • MLS Number: 24097416
  • Office Name: Century 21 AllPoints Realty
  • Office Phone: (860) 263-2121
  • Office Email: molly.cozziteam@gmail.com
  • Listing Agent: Molly Sullivan

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: 5/22/2025, 5:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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40 Dewey St, New Britain, CT 06051 - view of front of home featuring brick siding and a patio

$699,000

40 Dewey St

$8,301

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 11, 2014
Home Sold
$210,000
Jul 17, 2012
Home Sold
$60,000
Jul 17, 2012
Home Sold
$294,198
Mar 28, 2006
Home Sold
$379,900
Aug 09, 2005
Home Sold
$210,000
Oct 26, 2001
Home Sold
$70,000
Feb 01, 1996
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2024$315,560$12,493
2023$315,560$12,080
2022$194,390$9,622
2021$194,390$9,622
2020$194,390$9,817
2019$194,390$9,817

History based on county public records data.

Nearby schools

3

Smalley Elementary School

Public District KG-5

0.3 mi

175 West St

2

Chamberlain Elementary School

Public District KG-5

0.4 mi

120 Newington Ave

4

Smith Elementary School

Public District KG-5

1.0 mi

142 Rutherford 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 $20,495. The majority of New Britain, CT residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

65%
<35k
27%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

68%
Single, No Kids
17%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 40 Dewey St in New Britain, CT and zip code 06051. This 6,018 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 14 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $699,000.

In April 2025, from all listings sold in New Britain, CT there were more than 30 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price. In April 2025 in New Britain, CT there were 8% more homes for sale than in March.

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

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