Investor Alert! Incredible Cash Flow & Commercial Potential in New Britain! Maximize your real estate portfolio with this uniquely versatile property at 12 Oak Street. Perfectly configured for a savvy investor or an owner-occupant looking to "house-hack," this property offers a rare combination of residential living and commercial adaptability. The main residential layout features 4 bedrooms and 2 full bathrooms. Each primary unit footprint offers 786 square feet of highly functional living space. The massive value-add lies in the fully finished lower level, which boasts an additional 2 rooms (ideal for bedrooms, private offices, or inventory storage), a second full kitchen, and a third full bathroom. Featuring a flexible layout and excellent exposure, this space presents an incredible opportunity to open up a storefront, run a home-based business, or optimize for a dual-stream rental income setup. Outside, tenants or owners will enjoy a large, private backyard-a rare premium in the city. The property is being sold strictly as-is, allowing you to bring your updates, build immediate sweat equity, and capture top-market rents in a high-demand rental market. Don't miss out on this multi-stream income producer. Schedule your showing today!
Under contract
Price cut: $16K (7/18)
$249,000
12 Oak Street, New Britain, CT 06051
6beds
2,090sqft
Multi Family
Built in 1897
-- sqft lot
$242,100 Zestimate®
$119/sqft
$-- HOA
What's special
- 93 days
- 88
- 3
Zillow last checked:
Listing updated:
Listed by:
Jacob Wint (413)531-1535,
William Pitt Sotheby's Int'l 860-777-1800
Source: Smart MLS,MLS#: 24179797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas on Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Full,Finished
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 2,090
- Total interior livable area: 2,090 sqft
- Finished area above ground: 2,090
Property
Parking
- Total spaces: 4
- Parking features: Paved, Driveway, Private
- Has uncovered spaces: Yes
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 648393
- Zoning: T
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Near Public Transport, Health Club, Library, Medical Facilities, Park, Shopping/Mall
HOA
- Has HOA: No
Location
- Region: New Britain
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $120,050
- Annual tax amount: $4,704
- Date on market: 5/31/2026
Estimated market value
$242,100
$230,000 - $254,000
$1,974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $249,000$119/sqft |
Source: | ||
| 7/18/2026 | Price change | $249,000-6%$119/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $265,000+1161.9%$127/sqft |
Source: | ||
| 10/16/2012 | Sold | $21,000+50%$10/sqft |
Source: | ||
| 7/6/2010 | Sold | $14,000-86%$7/sqft |
Source: | ||
| 3/18/2004 | Sold | $100,000+292.2%$48/sqft |
Source: | ||
| 11/21/2002 | Sold | $25,500-70%$12/sqft |
Source: Public Record Report a problem | ||
| 12/26/2000 | Sold | $85,000+1600%$41/sqft |
Source: Public Record Report a problem | ||
| 5/12/1999 | Sold | $5,000-70.6%$2/sqft |
Source: Public Record Report a problem | ||
| 7/31/1995 | Sold | $17,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,704 -1% | $120,050 |
| 2024 | $4,753 +3.4% | $120,050 |
| 2023 | $4,596 +39.2% | $120,050 +80% |
| 2022 | $3,302 | $66,710 |
| 2021 | $3,302 -2% | $66,710 |
| 2020 | $3,369 | $66,710 |
| 2019 | $3,369 | $66,710 |
| 2018 | $3,369 +1.9% | $66,710 +1.9% |
| 2017 | $3,305 | $65,450 |
| 2016 | $3,305 +3.1% | $65,450 |
| 2015 | $3,207 | $65,450 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 06051
Nearby schools
Schools provided by the listing agent
- High: New Britain
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






