#24080325, Roman Pantojas, Listing Office: Oxford Realty

40 Dewey St New Britain, CT 06051
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
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
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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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$699,000
40 Dewey St
$8,301
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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.
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.