Exceptional 5-unit investment opportunity offering strong in-place income with clear potential to exceed $100,000+ in annual revenue. This well-maintained property currently generates approximately $93,300 per year, with all utilities paid by tenants, resulting in a highly efficient, low-expense operation. The property features a highly desirable unit mix, including three large 3-bedroom units (each approximately 1,400+ sq ft) in the front building, along with a 2-bedroom and a rare 5-bedroom unit in the rear building. Each unit is equipped with its own washer and dryer, a highly sought-after amenity that enhances tenant retention and rental value. Significant capital improvements have been completed since ownership, totaling in excess of $175,000. Updates include a new roof on the front building (2025), new siding on the front building (2025), and new siding on three sides of the rear building. Interior upgrades have been completed throughout as needed, including updated kitchens with new cabinets, countertops, and appliances, as well as improvements to flooring and windows. Two units are currently on month-to-month leases, offering immediate opportunity for rental adjustments and increased cash flow. Several units are below current market rents, presenting a clear value-add opportunity for investors seeking to reposition the asset and maximize returns. With tenant-paid utilities, strong existing occupancy, and substantial recent improvements, scroll down this Property offers strong in-place income with clear path to $100K+ gross. Ideal for investors targeting large-unit and voucher-based rental demand. Proof of funds required for showings, needs to be DSCR or commercial loan. Professional Photos coming soon.
Under contract
$724,500
59 Trinity Street, New Britain, CT 06051
16beds
6,519sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$111/sqft
$-- HOA
What's special
- 100 days |
- 21 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Ali White J. White (860)222-5460,
Coldwell Banker Realty 860-644-2461
Source: Smart MLS,MLS#: 24159271
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas on Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 6,519
- Total interior livable area: 6,519 sqft
- Finished area above ground: 6,519
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Unpaved
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 651902
- Zoning: T
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Near Public Transport
HOA
- Has HOA: No
Location
- Region: New Britain
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $339,430
- Annual tax amount: $13,299
- Date on market: 3/18/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Pending sale | $724,500$111/sqft |
Source: | ||
| 3/23/2026 | Listed for sale | $724,500+122.9%$111/sqft |
Source: | ||
| 1/22/2024 | Sold | $325,000+51.2%$50/sqft |
Source: Public Record Report a problem | ||
| 3/3/2011 | Listing removed | $875 |
Source: Spartan Residential LLC Report a problem | ||
| 1/6/2011 | Listed for rent | $875 |
Source: Spartan Residential LLC Report a problem | ||
| 6/15/2005 | Sold | $215,000+36.1%$33/sqft |
Source: Public Record Report a problem | ||
| 3/31/2003 | Sold | $158,000+31.7%$24/sqft |
Source: Public Record Report a problem | ||
| 5/1/2001 | Sold | $120,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,299 -1% | $339,430 |
| 2024 | $13,438 +3.4% | $339,430 |
| 2023 | $12,993 +35.9% | $339,430 +75.8% |
| 2022 | $9,560 | $193,130 |
| 2021 | $9,560 -2% | $193,130 |
| 2020 | $9,753 | $193,130 |
| 2019 | $9,753 | $193,130 |
| 2018 | $9,753 +5.9% | $193,130 +5.9% |
| 2017 | $9,209 | $182,350 |
| 2016 | $9,209 +3.1% | $182,350 |
| 2015 | $8,935 | $182,350 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 06051
Nearby schools
GreatSchools rating
- 4/10Northend SchoolGrades: K-5Distance: 0.1 mi
- 2/10Slade Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10New Britain High SchoolGrades: 9-12Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Connecticut
- Hartford County
- New Britain
- 06051
- 59 Trinity Street






