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$621,000
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Property Description
Turnkey 6-unit multifamily with strong rental history and steady income stream. Separate tenant paid utilities. Conveniently located near downtown, shopping, schools, and major highways. Excellent opportunity for investors seeking cash flow with upside potential through market rent adjustments. Low vacancy, solid cap, and desirable central location make this a must-see income property. Additional income from 3 car garage and basement storage units. Value-add option with attic completion to increase bedroom count in lower unit or make into separate 7th unit with town approvals.
Full Property Details
Full Property Details for 320 Chestnut St
General
- Sold For: $621,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24121570
- Added to Site: 179 day(s) ago
Interior
- Number of Rooms: 27
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Exterior
- Exterior Features: Sidewalk, Deck, Gutters
- Color: White
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 6
- Parking: Detached Garage, Unpaved
Location
- County: Hartford
- Driving Directions: GPS Friendly
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Electric, 50 Gallon Tank
Utilities
- Sewer: Public Sewer Connected, Public Sewer In Street
- Water: Public Water Connected, Public Water In Street
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 5,786
- Above Ground: 5,786 Sq. Ft.
- Year Built: 1904
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 4
Unit 5
- Total Bathrooms: 1
- Bedrooms: 3
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.23
- Zoning: T
- Lot Description: Level Lot
Green Features
- Energy Features: Thermopane Windows
Financial Considerations
- Assessment Amount: $356,370
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 641027
Listed by Premier Re Group LLC, Michelle Lorenzetti
Sold by Salzillo Realty Company, Joseph Salzillo
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Schools
Schools serving 320 Chestnut St
School District:New Britain School District
| Name | Grades | Distance |
|---|---|---|
Chamberlain School 221 Farmington Avenue, New Britain, CT 06053 | K-5 | 1.5 mi |
Pulaski Middle School 757 Farmington Avenue, New Britain, CT 06053 | 6-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 Chestnut St
Date
Details
Price
Change
Source
12/12/2025
Sold
$621,000
-11.29%
MLS
8/25/2025
Listed
$699,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
320 Chestnut Street, New Britain, CT 06051 (MLS# 24121570) is a Multi-Family property that was sold at $621,000 on December 12, 2025. Want to learn more about 320 Chestnut Street? Do you have questions about finding other Multi-Family real estate for sale in New Britain? You can browse all New Britain real estate or contact a Coldwell Banker agent to request more information.

