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$585,000
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Property Description
Excellent investment opportunity in the desirable city of New Britain with this 5-unit mixed-use property. The building features one street-level commercial unit and four residential apartments above, offering a solid income-producing opportunity. The residential unit mix includes one 1-bedroom apartment and three 2-bedroom apartments, all of which are well cared for with various updates such as vinyl plank flooring and select kitchen and bathroom improvements. Rents are currently below market, presenting excellent upside potential for a new owner. Utilities are fully separate and tenant-paid, with each apartment and the commercial unit equipped with its own electric panel, gas heating system, and hot water tank. Heating, hot water, and cooking are all gas. Additional highlights include on-street parking and no on-site laundry, helping to keep operating expenses and maintenance minimal. This is a strong investment opportunity in a growing market with room to increase returns. Ideally located with easy access to downtown, shopping, dining, and a wide variety of local amenities-making it highly attractive to both residential and commercial tenants.
Full Property Details
Full Property Details for 380 Arch St
General
- Sold For: $585,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24144821
- Added to Site: 120 day(s) ago
Interior
- Interior Features: Window Display
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Restrooms: 5
Location
- County: Hartford
- Driving Directions: on Arch St across from the parking lot
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Phone Available, Cable Available
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 4,030
- Sq. Ft. Source: Public Records
- Current Bldg. Use: market, residential
- Year Built: 1900
Unit Information
- # Tenants: 5
Unit 1
- Unit Description: Retail
- Total Bathrooms: 1
Unit 2
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Unit 3
- Unit Description: 2 Bedrooms
- Total Bathrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Frontage: Municipal Street
- Present Use: market, residential
- Potential Use: market, retail, office, residential
- Zoning: CBD
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $243,950
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 638797
Listed by Oxford Realty, Amanda Faroni-Sheehan
Sold by Agnelli Real Estate, Heather Besmond
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Schools
Schools serving 380 Arch St
School District:New Britain School District
| Name | Grades | Distance |
|---|---|---|
Vance Elementary School 183 Vance Street, New Britain, CT 06052 | K-5 | 0.7 mi |
Slade Middle School 183 Steele St., New Britain, CT 06052 | 6-8 | 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 380 Arch St
Date
Details
Price
Change
Source
4/07/2026
Sold
$585,000
-2.5%
MLS
12/13/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
380 Arch Street, New Britain, CT 06051 (MLS# 24144821) is a Commercial property that was sold at $585,000 on April 07, 2026. Want to learn more about 380 Arch Street? Do you have questions about finding other Commercial 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.

