481 Park Street, New Britain, CT 06051 - Photo 1

1/1

$623,500

Sold
Closed
Multi-Family
8 Total Beds
3 Car Garage
Updated 6 days ago

1/1

Property Description

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

Full Property Details for 481 Park St

General

Sold For: $623,500
Taxes: (July 2025-June 2026)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 24179625
Added to Site: 75 day(s) ago

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

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Meet the listing agent

— 481 Park St —

Tracy Molloy

Email Me

(860) 573-8525 direct

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

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Schools

Schools serving 481 Park St

School District:New Britain School District

Name	Grades	Distance
Smith Elementary School 142 Rutherford Street, New Britain, CT 06051	K-5	0.6 mi
Slade Middle School 183 Steele St., New Britain, CT 06052	6-8	2.1 mi
New Britain High School 110 Mill Street, New Britain, CT 06051	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 481 Park St

Date

Details

Price

Change

Source

8/07/2026

Sold

$623,500

3.93%

MLS

6/08/2026

Price Reduced

$599,900

-4%

MLS

6/01/2026

Listed

$624,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Sq. Ft.

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Total Beds

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481 Park Street, New Britain, CT 06051 (MLS# 24179625) is a Multi-Family property that was sold at $623,500 on August 07, 2026. This property was 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.

481 Park St New Britain, CT 06051

Full Property Details for 481 Park St

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Unit 4

Lot Features

Green Features

Financial Considerations

Disclosures and Reports

Meet the listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 481 Park St

Price & Sales History for 481 Park St

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