$570,000

431 Chestnut St New Britain, CT 06051

$6,769
Closing credit¹
10 beds
4 full, 1 partial
4,096 sqft
0.2 acres
$139 / sqft
Multi-Family

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

Home typeMulti Family
HeatingForced Air
StatusSale Pending
(Under Contract)
Size4,096 sqft
BasementYes
Lot size0.2 Acres
Year built1900
ParkingNone, Driveway
MLS #24073449

Summary

  • MLS Number: 24073449
  • Office Name: Signature Realty LLC
  • Office Phone: (413) 333-8216
  • Office Email: Barzola.chelsea@gmail.com
  • Listing Agent: Chelsea Barzola

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: 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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view of front facade featuring a front yard

$570,000

431 Chestnut St

$6,769

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 17, 2003
Home Sold
$190,800

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

45%
<35k
45%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • BasketballBasketball

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • AcuraAcura

What do the neighbors listen to?

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

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.

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

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