Under contract

$475,000

490 South Street, New Britain, CT 06051

7beds

2,910sqft

$3,522/mo

Get pre-qualified

Multi Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$163/sqft

$-- HOA

What's special

Clean basement for storageUpdated kitchensGenerous layoutsMove in ready finishesNatural gas heating

Welcome to this turn key 3 family property in New Britain. This property delivers a rare opportunity perfect for investors, owner occupants or anyone seeking strong cash flow with zero delays! Each unit has generous layouts, updated kitchens and baths and move in ready finishes! With separate utilities, Natural gas heating & a clean basement for storage. Whether you're building a high performing investment portfolio or planning to live in one unit and let the others offset your mortgage, this renovated income producing multi-family offers exceptional value, long term stability and the flexibility today's buyers are looking for in one of Ct's strongest rental markets!

277 days
26
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Water Heater

Features

Basement: Full
Attic: Pull Down Stairs
Has fireplace: No

Interior area

Total structure area: 2,910
Total interior livable area: 2,910 sqft
Finished area above ground: 2,910

Property

Lot

Size: 0.26 Acres
Features: Corner Lot

Details

Parcel number: 650728
Zoning: T

Construction

Type & style

Home type: MultiFamily
Architectural style: 3updown - Unit(s) per Floor
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1880

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: New Britain

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $174,510
Annual tax amount: $6,837
Date on market: 12/7/2025

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/6/2026	Pending sale	$475,000$163/sqft
Source: Smart MLS #24143780 Report a problem
6/26/2026	Contingent	$475,000$163/sqft
Source: eXp Realty #24143780 Report a problem
4/21/2026	Price change	$475,000+5.8%$163/sqft
Source: Smart MLS #24143780 Report a problem
12/7/2025	Listed for sale	$449,000+483.1%$154/sqft
Source: Smart MLS #24143780 Report a problem
5/26/2010	Sold	$77,000-19.8%$26/sqft
Source: Public Record Report a problem
7/28/2004	Sold	$96,000-29.6%$33/sqft
Source: Smart MLS #W1014274 Report a problem
8/11/1987	Sold	$136,300$47/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,837 -1%	$174,510
2024	$6,909 +3.4%	$174,510
2023	$6,680 +43.2%	$174,510 +85.2%
2022	$4,664	$94,220
2021	$4,664 -2%	$94,220
2020	$4,758	$94,220
2019	$4,758	$94,220
2018	$4,758 +5.9%	$94,220 +5.9%
2017	$4,493	$88,970
2016	$4,493 +3.1%	$88,970
2015	$4,360	$88,970