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Sold for $299,000
  • $299,000

    531 Allen Street, New Britain, CT 06053

    8beds
    3,244sqft
    Multi Family
    Built in 1870
    -- sqft lot
    $301,700 Zestimate®
    $92/sqft
    $2,097 Estimated rent

    Home value

    $301,700

    $278,000 - $326,000

    $2,097/mo

    Zestimate® history
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    What's special

    Newer windowsNewer vinyl sidingNewer roof
    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. Please note, the sq ft number includes the attic in its current space. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Orlowski (203)687-9795,

    Newtown Realty LLC 203-427-8250

    Bought with:

    Chelen R. Smith, RES.0832747

    Serhant Connecticut, LLC

    Co-Buyer Agent: Jithu Sajeevan

    Serhant Connecticut, LLC

    Source: Smart MLS,MLS#: 24170326MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: Walk-up
    • Has fireplace: No
    Interior area
    • Total structure area: 3,244
    • Total interior livable area: 3,244 sqft
    • Finished area above ground: 3,244

    Property

    Lot
    • Size: 8,712 sqft
    • Features: Level
    Details
    • Parcel number: 638079
    • Zoning: T

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar, Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: New Britain

    Price history

    DateEventPrice
    5/29/2026Sold$299,000$92/sqft
    Source: Smart MLS #24170326 Report a problem
    5/11/2026Pending sale$299,000$92/sqft
    Source: Smart MLS #24170326 Report a problem
    4/27/2026Listed for sale$299,000+15%$92/sqft
    Source: Smart MLS #24170326 Report a problem
    7/9/2025Sold$260,000+18.2%$80/sqft
    Source: Public Record Report a problem
    11/1/2024Sold$220,000-20%$68/sqft
    Source: Smart MLS #24038278 Report a problem
    9/7/2024Price change$275,000-8%$85/sqft
    Source: Smart MLS #24038278 Report a problem
    8/9/2024Listed for sale$299,000+121.5%$92/sqft
    Source: Smart MLS #24038278 Report a problem
    1/31/2023Sold$135,000-3.6%$42/sqft
    Source: Smart MLS #170538386 Report a problem
    12/6/2022Listed for sale$140,000$43/sqft
    Source: Smart MLS #170538386 Report a problem
    1/27/2022Sold$140,000+0.1%$43/sqft
    Source: Public Record Report a problem
    12/23/2021Contingent$139,900$43/sqft
    Source: Smart MLS #170457916 Report a problem
    12/21/2021Listed for sale$139,900$43/sqft
    Source: Smart MLS #170457916 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,608 +28.1%$117,600 +29.4%
    2024$3,597 -31.1%$90,860 -33.3%
    2023$5,217 +42.2%$136,290 +83.9%
    2022$3,669 $74,130
    2021$3,669 -2%$74,130
    2020$3,744 $74,130
    2019$3,744 $74,130
    2018$3,744 +1.7%$74,130 +1.7%
    2017$3,680 $72,870
    2016$3,680 +3.1%$72,870
    2015$3,571 $72,870

    Find assessor info on the county website

    Neighborhood: 06053

    Nearby schools

    GreatSchools rating
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    $301,700
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    With Zillow Showcase(estimated)
    $307,734