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$624,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 3 Car Garage
  • Updated 5 hours ago
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Investment Opportunity with Timeless Character! This well-maintained 4-family property offers the perfect blend of charm, functionality, and income potential. Nestled on a quiet street, the home showcases beautiful architectural character, inviting front porches, and private entrances for each unit, creating a welcoming atmosphere and added privacy for residents. Each of the four spacious units features 2 bedrooms, 1 full bath, and the convenience of in-unit washers and dryers. The property is serviced by natural gas heating and offers separate utilities, making management more efficient and appealing to both owners and tenants. A rare 3-car garage provides valuable parking and storage options, additional rental income. The walk-out basement offers additional flexibility and utility. With strong rental demand, attractive amenities, and excellent income-producing potential, this property is an outstanding opportunity for investors or owner-occupants seeking long-term value in a desirable location. Currently one unit is owner occupied. All units are up to code.

Full Property Details for 481 Park St

General

  • Price: $624,900
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24179625
  • Updated: Today (6/1/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 18

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Sidewalk, Covered Deck, Stone Wall

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 8
  • Parking: Detached Garage, On Street Parking, Driveway

Location

  • County: Hartford
  • Driving Directions: Stanley to Park

School Information

  • Elementary School: Per Board of Ed
  • High School: New Britain

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Gas on Gas, Hot Air, Wall Unit, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, 50 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: 4updown - Unit(s) per Floor
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full, Concrete Floor, Full With Walk-Out
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 3,986
  • Above Ground: 3,986 Sq. Ft.
  • Year Built: 1885

Unit Information

Unit 1

  • Square Feet: 850
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 850
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 850
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 850
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.33
  • Driveway/Sidewalk: Private
  • Zoning: T
  • Lot Description: Lightly Wooded, Level Lot

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Financial Considerations

  • Assessment Amount: $258,020
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 648909
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 481 Park St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 481 Park St

School District:New Britain School District
NameGradesDistance
Smith Elementary School
142 Rutherford Street, New Britain, CT 06051
K-50.6 mi
Slade Middle School
183 Steele St., New Britain, CT 06052
6-82.1 mi
New Britain High School
110 Mill Street, New Britain, CT 06051
9-121.2 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 481 Park St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$624,900
150.06%
MLS
11/06/2006
Sold
$249,900
—
Public Record
Get Price Alerts and Save Property
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 for 481 Park St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,109
-1%
$258,020
—
2023
$10,215
3%
$258,020
—
2023
$9,877
21%
$258,020
56%
2022
$8,191
—
$165,480
—
2021
$8,191
-2%
$165,480
—
2020
$8,357
—
$165,480
—
2019
$8,357
—
$165,480
—
2018
$8,357
16%
$165,480
16%
2017
$7,197
—
$142,520
—
2016
$7,197
3%
$142,520
—
2015
$6,983
—
$142,520
—
2014
$6,983
11%
$142,520
—
2011
$6,288
—
$142,520
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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481 Park Street, New Britain, CT 06051 (MLS# 24179625) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 481 Park Street is currently listed for $624,900 and was received on June 01, 2026. This property is listed by Tracy Molloy from our Glastonbury Office.Want to learn more about 481 Park 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.

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