#24074642, Karly Worth, Listing Office: Call It Closed Realty

431 Chestnut St New Britain, CT 06051
Property details
About 431 Chestnut St
Back on market- previously passed FHA inspection with no repairs needed! Buyer financing fell through. Multiple offers received previously- don't miss your chance! This exceptional property presents a rare and exciting investment opportunity, offering two buildings on one lot! The front building features three spacious, newly renovated apartments, each with its own laundry hookups and natural gas utilities-perfect for tenants seeking modern comfort. The second building is a charming 3-bedroom, 1.5-bathroom single-family home, ideal for either an owner-occupant or additional rental income. The single-family home also comes equipped with solar panels for energy efficiency and cost savings, along with a convenient front and back porch, perfect for relaxing or entertaining. Imagine living in the cozy single-family home while the rental income from the three units cover your mortgage-creating a pathway to financial freedom! Located just 5 minutes from CCSU, New Britain General Hospital, and nearby parks, the location is ideal for tenants looking for both convenience and community. With all units updated and move-in ready, this is truly a turn-key opportunity for investors or buyers who dream of a home that also builds wealth. Don't let this rare two-building property with endless potential pass you by. Schedule your viewing today and discover the future this investment can bring! *HIGHEST AND BEST DUE BY 7P TONIGHT 2/12*
Highlights
(Under Contract)
Summary
- MLS Number: 24073449
- Office Name: Signature Realty LLC
- Office Phone: (413) 333-8216
- Office Email: Barzola.chelsea@gmail.com
- Listing Agent: Chelsea Barzola
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Last updated on: 3/13/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$570,000
431 Chestnut St
$6,769
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 17, 2003 | Home Sold | $190,800 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $200,130 | $7,923 |
2023 | $200,130 | $7,661 |
2022 | $113,400 | $5,613 |
2021 | $113,400 | $5,613 |
2020 | $113,400 | $5,727 |
2019 | $113,400 | $5,727 |
History based on county public records data.
Nearby schools
2
Chamberlain Elementary School
Public District KG-5
0.5 mi
•120 Newington Ave
4
Smith Elementary School
Public District KG-5
0.6 mi
•142 Rutherford St
3
Smalley Elementary School
Public District KG-5
0.8 mi
•175 West 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 $38,953. The most common annual income of people living in New Britain, CT is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 431 Chestnut St in New Britain, CT and zip code 06051. This 4,096 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 8, 2025 and is currently priced at $570,000.
New Britain, CT housing market in February 2025 saw over 21 listings sold above listed price, more than 2 sold at listed price and over 14 sold below. In February 2025 in New Britain, CT there were 9.4% less homes for sale than in January.