250 North Street, New Britain, CT 06051
Multi-Family For Sale · 5 Family+
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About This Home
Excellent opportunity to acquire a 16-unit mixed-use investment property strategically positioned along one of New Britain's primary commercial corridors. The property consists of 12 residential units (six 2-bedroom/1-bath units and six 1-bedroom/1-bath units) and four street-level commercial spaces, offering investors a diversified income stream. The commercial component is fully leased to a nail academy (occupying two storefronts), a pizzeria, and a mini market. The nail academy has made substantial tenant improvements, including the installation of commercial HVAC systems, ventilation, and interior build-outs, reflecting a long-term commitment to the property. The residential apartments are separately metered for electricity, with the landlord responsible for heat and hot water. Commercial tenants is responsible for their own utilities (separately metered), reducing operating expenses and enhancing the property's income profile. The asset provides strong in-place cash flow with additional upside through residential rent growth as units turn over. Additional highlights include ample on-site parking, excellent street frontage and visibility, and a high-traffic location. Conveniently located just minutes from Central Connecticut State University (CCSU), Downtown New Britain, CTfastrak, and major highways including Route 9, Route 72, and Interstate 84.
Listed by Thuyan Tran (860) 308-6115 with Oxford Realty (203) 314-4219
Listing Snapshot
| Price | $1,825,000 | Days on Our Site | 83 days |
| Property Tax | $20,764/yr | Style | Units on different Floors,Other |
| Year Built | 1908 | Total Sq Ft | 14,408 |
| Lot Size | 0.64 acres | HOA Fees | N/A |
| Bedrooms | 21 | Full Bathrooms | 15 |
| Total Rooms | 45 | Half Baths | 0 |
Structure & Parking
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Estimate only. Contact a lender for accurate figures.
Listing History
| Date | Event | Price |
|---|---|---|
| Sep 30, 2026 | Under Contract | — |
| Aug 5, 2026 | Listed | $1,825,000 |
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Listing Agent
Thuyan Tran · (860) 308-6115
Oxford Realty · (203) 314-4219
MLS# 24197237 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Oct 2, 2026 7:38 PM UTC
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250 North Street, New Britain CT, 06051
$1,825,000 • Active
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