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531 Allen Street, New Britain, CT 06053

Multi-Family For Sale · 2 Family

$299,000
$92/sqft
531 Allen Street, New Britain, CT
Active
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8
Bedrooms
3
Bathrooms
3,244
Sq Ft
0.2
Acres
1870
Year Built

About This Home

Investor opportunity in a prime New Britain location! This spacious duplex at 531 Allen St offers exceptional upside potential just minutes from Central Connecticut State University, a major driver of consistent rental demand. The property features two large units, including a 5-bedroom, 2-bath upstairs unit and a 3-bedroom, 1-bath downstairs unit-ideal for maximizing rental income or a house-hacking setup. While the home requires significant interior renovations and new hot water heaters, major exterior improvements have already been completed, including newer vinyl siding, a newer roof, and newer windows. Situated in a convenient neighborhood close to highways, shopping, dining, and public transportation, this property is perfectly positioned for investors, flippers, or owner-occupants looking to build equity. Being sold strictly as-is, this is a rare chance to create strong value in a high-demand rental area.

Listed by Daniel Orlowski (203) 687-9795 with Newtown Realty LLC (203) 427-8250

Listing Snapshot

Price $299,000 Days on Our Site 0 days
Property Tax $4,608/yr Style Units on different Floors
Year Built 1870 Total Sq Ft 3,244
Lot Size 0.2 acres HOA Fees N/A
Bedrooms 8 Full Bathrooms 3
Total Rooms 15 Half Baths 0

Structure & Parking

Construction Frame
Roof Asphalt Shingle

Systems & Utilities

Heat Baseboard
Fuel Natural Gas
Cooling None
Hot Water Domestic
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $384/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Apr 26, 2026 Listed $299,000

Frequently Asked Questions

How much does 531 Allen Street in New Britain, CT cost?
This property is listed at $299,000, which works out to $92 per square foot.
How many bedrooms does 531 Allen Street have?
This home has 8 bedrooms and 3 bathrooms.
What is the square footage of 531 Allen Street?
The home is 3,244 square feet, situated on 0.2 acres.
When was 531 Allen Street in New Britain built?
This property was built in 1870.
Is 531 Allen 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 531 Allen 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 Per Board of Ed as the high school.
How do I schedule a tour of 531 Allen 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

Daniel Orlowski · (203) 687-9795

Newtown Realty LLC · (203) 427-8250

MLS# 24170326 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Apr 27, 2026 12:09 AM UTC