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Sold for $220,000
  • $220,000

    525 Allen Street, New Britain, CT 06053

    2beds
    1,498sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $271,900 Zestimate®
    $147/sqft
    $1,998 Estimated rent

    Home value

    $271,900

    $250,000 - $296,000

    $1,998/mo

    Zestimate® history
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    What's special

    Investor Opportunity: Prime Two-Family This renovated two-family property offers a remarkable investment opportunity in the heart of Central Connecticut. Each unit has been meticulously updated to appeal to modern renters, featuring a host quality finishes and contemporary amenities. The interior boasts brand-new shaker-style kitchen cabinets, complemented by sleek granite countertops that add both elegance and durability. Updated bathrooms showcase modern fixtures and finishes, enhancing the overall appeal. The property also includes newer appliances throughout, ensuring efficiency and reliability for future tenants. Additionally, the refinished hardwood floors provide a warm and inviting atmosphere, blending classic charm with contemporary style. Strategically located just minutes from Central Connecticut State University, this property is ideally situated for attracting a steady stream of potential renters, including students, faculty, and university staff. Its proximity to the university and other local amenities makes it a highly desirable choice for those seeking convenience and comfort. This property is move-in ready and offers an excellent return on investment. Don't miss the chance to acquire a well-located, beautifully updated two-family unit with strong rental potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    THE GULINO TEAM OF WILLIAM RAVEIS REAL ESTATE,

    Santo Gulino 860-655-7004,

    William Raveis Real Estate 860-344-1658

    Bought with:

    Peter Onofrio, RES.0827303

    Harriman Real Estate LLC

    Source: Smart MLS,MLS#: 24038849MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Windows: Thermopane Windows
    • Basement: Full
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 1,498
    • Total interior livable area: 1,498 sqft
    • Finished area above ground: 1,498

    Property

    Parking
    • Total spaces: 4
    • Parking features: None, Paved, Off Street
    Features
    • Patio & porch: Porch
    • Has view: Yes
    • View description: City
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 638077
    • Zoning: T

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Windows

    Community & neighborhood

    Location
    • Region: New Britain

    Price history

    DateEventPrice
    11/27/2024Listing removed$239,900$160/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24038849 Report a problem
    11/5/2024Listed for sale$239,900+9%$160/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24038849 Report a problem
    10/29/2024Sold$220,000-8.3%$147/sqft
    Source: Smart MLS #24038849 Report a problem
    9/24/2024Pending sale$239,900$160/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #24038849 Report a problem
    9/13/2024Price change$239,900-9.5%$160/sqft
    Source: Smart MLS #24038849 Report a problem
    9/2/2024Price change$265,000-11.4%$177/sqft
    Source: Smart MLS #24038849 Report a problem
    8/9/2024Listed for sale$299,000+49.5%$200/sqft
    Source: Smart MLS #24038849 Report a problem
    1/31/2023Sold$200,000-9.1%$134/sqft
    Source: Smart MLS #170538385 Report a problem
    12/6/2022Listed for sale$220,000-2.2%$147/sqft
    Source: Smart MLS #170538385 Report a problem
    5/18/2022Listing removed--
    Source: Smart MLS #170479302 Report a problem
    4/18/2022Price change$224,900-6.3%$150/sqft
    Source: Smart MLS #170479302 Report a problem
    4/4/2022Listed for sale$239,900+84.5%$160/sqft
    Source: Smart MLS #170479302 Report a problem
    1/21/2022Sold$130,000+0.1%$87/sqft
    Source: Smart MLS #170457915 Report a problem
    12/23/2021Contingent$129,900$87/sqft
    Source: Smart MLS #170457915 Report a problem
    12/21/2021Listed for sale$129,900$87/sqft
    Source: Smart MLS #170457915 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,624 -1%$118,020
    2024$4,672 +3.4%$118,020
    2023$4,518 +28.5%$118,020 +66.1%
    2022$3,517 $71,050
    2021$3,517 -2%$71,050
    2020$3,588 $71,050
    2019$3,588 $71,050
    2018$3,588 +1.6%$71,050 +1.6%
    2017$3,531 $69,930
    2016$3,531 +3%$69,930
    2015$3,427 $69,930

    Find assessor info on the county website

    Neighborhood: 06053

    Nearby schools

    GreatSchools rating
    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.

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    $271,900
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    $277,338