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$424,900 Just Listed
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Property Description
Rare Mixed-Use Investment Opportunity in Prime Berlin Location! Don't miss this exceptional chance to own a mixed-use investment property in a high-traffic area of Berlin! This versatile building features four units-including one commercial space on the main level, currently leased as a barber shop, and three residential units The property also includes a full walk-out basement, currently used for storage, offering additional potential. Notable Updates/Features-Full Walk-Out Basement (storage or potential additional use), Roof (Asphalt) 2016, Flat Roof 2023, Water Heater 2020, Forced Hot Air 2000, Electrical Service Upgraded 2000 Excellent visibility in a high-traffic area. Close to train station, restaurants, shops, and all major amenities. Quick access to Route 9, Route 72, and the Berlin Turnpike. Whether you're an investor seeking income-generating property or a business owner looking to offset costs with rental income, this property offers incredible potential. The price reflects the cosmetic updates needed-making this a value-add opportunity with strong upside.
Full Property Details
Full Property Details for 505 New Britain Rd
General
- Price: $424,900
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24168825
- Updated: Today (4/21/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Location
- County: Hartford
- Neighborhood: Kensington
- Driving Directions: Farmington Ave to New Britain Rd
Community
- Community Name: Kensington
Heating & Cooling
- Cooling Type: Ceiling Fans, Window Unit
- Heating Type: Hot Air, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Phone Available, Cable Available
Structural Information
- Roof: Asphalt Shingle, Flat
- Square Feet: 3,487
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Mixed Use: 1 Commercial 3 Apartments
- Year Built: 1900
Unit Information
- # Tenants: 4
Unit 1
- Unit Description: Retail
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 2
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Unit 3
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Unit 4
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.1
- Frontage: State Road, Municipal Street
- Present Use: Mixed Use: 1 Commercial 3 Apartments
- Zoning: CCD-2
- Lot Description: Sloping Lot
Financial Considerations
- Assessment Amount: $233,700
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 450860
Listed by Berkshire Hathaway NE Prop., Donna Sienko
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Schools
Schools serving 505 New Britain Rd
School District:Berlin School District
| Name | Grades | Distance |
|---|---|---|
Mary E. Griswold School 133 Heather Ln., Berlin, CT 06037 | K-5 | 0.8 mi |
Catherine M. Mcgee Middle School 899 Norton Road, Berlin, CT 06037 | 6-8 | 1.3 mi |
Berlin High School, Berlin, CT 139 Patterson Way, Berlin, CT 06037 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 New Britain Rd
Date
Details
Price
Change
Source
4/21/2026
Listed
$424,900
51.75%
MLS
3/23/2023
Sold
$280,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 New Britain Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,163
1%
$233,700
—
2023
$7,060
2%
$233,700
—
2023
$6,908
-7%
$233,700
8%
2022
$7,414
—
$216,100
—
2021
$7,414
1%
$216,100
—
2020
$7,332
—
$216,100
—
2019
$7,332
4%
$216,100
—
2018
$7,023
37%
$216,100
33%
2017
$5,124
3%
$162,100
—
2016
$4,994
2%
$162,100
—
2015
$4,920
5%
$162,100
—
2014
$4,688
1%
$162,100
—
2011
$4,664
—
$162,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 New Britain Rd
505 New Britain Road, Berlin, CT 06037 (MLS# 24168825) is a Commercial property. 505 New Britain Road is currently listed for $424,900 and was received on April 21, 2026. Want to learn more about 505 New Britain Road? Do you have questions about finding other Commercial real estate for sale in Kensington? You can browse all Kensington real estate or contact a Coldwell Banker agent to request more information.

