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481 Park Street, New Britain, CT 06051

Multi-Family For Sale · 4 Family

$624,900
$157/sqft
481 Park Street, New Britain, CT
Active
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8
Bedrooms
4
Bathrooms
3,986
Sq Ft
0.33
Acres
1885
Year Built

About This Home

Investment Opportunity with Timeless Character! This well-maintained 4-family property offers the perfect blend of charm, functionality, and income potential. Nestled on a quiet street, the home showcases beautiful architectural character, inviting front porches, and private entrances for each unit, creating a welcoming atmosphere and added privacy for residents. Each of the four spacious units features 2 bedrooms, 1 full bath, and the convenience of in-unit washers and dryers. The property is serviced by natural gas heating and offers separate utilities, making management more efficient and appealing to both owners and tenants. A rare 3-car garage provides valuable parking and storage options, additional rental income. The walk-out basement offers additional flexibility and utility. With strong rental demand, attractive amenities, and excellent income-producing potential, this property is an outstanding opportunity for investors or owner-occupants seeking long-term value in a desirable location. Currently one unit is owner occupied. All units are up to code.

Listed by Tracy Molloy (860) 573-8525 with Coldwell Banker Realty (860) 633-3661

Listing Snapshot

Price $624,900 Days on Our Site 0 days
Property Tax $10,109/yr Style 4updown - Unit(s) per Floor
Year Built 1885 Total Sq Ft 3,986
Lot Size 0.33 acres HOA Fees N/A
Bedrooms 8 Full Bathrooms 4
Total Rooms 18 Half Baths 0

Key Features

Outdoor
  • Sidewalk
  • Covered Deck
  • Stone Wall
Nearby
  • Commuter Bus
  • Golf Course
  • Public Transportation
  • Shopping/Mall

Structure & Parking

Construction Frame,Brick,Stone
Roof Asphalt Shingle
Garage Spaces 3
Garage Type Detached Garage, On Street Parking, Driveway

Systems & Utilities

Heat Gas on Gas, Hot Air, Wall Unit
Fuel Natural Gas
Cooling Window Unit
Hot Water Natural Gas, 50 Gallon Tank
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High New Britain

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $842/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Jun 1, 2026 Listed $624,900

Frequently Asked Questions

How much does 481 Park Street in New Britain, CT cost?
This property is listed at $624,900, which works out to $157 per square foot.
How many bedrooms does 481 Park Street have?
This home has 8 bedrooms and 4 bathrooms.
What is the square footage of 481 Park Street?
The home is 3,986 square feet, situated on 0.33 acres.
When was 481 Park Street in New Britain built?
This property was built in 1885.
Is 481 Park Street, New Britain, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 481 Park Street, New Britain in?
This home is served by the New Britain public school system, with Per Board of Ed as the elementary school and New Britain as the high school.
How do I schedule a tour of 481 Park Street, New Britain, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Tracy Molloy · (860) 573-8525

Coldwell Banker Realty · (860) 633-3661

MLS# 24179625 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Jun 1, 2026 9:36 PM UTC