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$299,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 15 hours ago
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Investor opportunity in a prime New Britain location! This spacious duplex at 531 Allen St offers exceptional upside potential just minutes from Central Connecticut State University, a major driver of consistent rental demand. The property features two large units, including a 5-bedroom, 2-bath upstairs unit and a 3-bedroom, 1-bath downstairs unit-ideal for maximizing rental income or a house-hacking setup. While the home requires significant interior renovations and new hot water heaters, major exterior improvements have already been completed, including newer vinyl siding, a newer roof, and newer windows. Situated in a convenient neighborhood close to highways, shopping, dining, and public transportation, this property is perfectly positioned for investors, flippers, or owner-occupants looking to build equity. Being sold strictly as-is, this is a rare chance to create strong value in a high-demand rental area.

Full Property Details for 531 Allen St

General

  • Price: $299,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24170326
  • Updated: 4/26/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 15

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Hartford
  • Driving Directions: Use GPS

School Information

  • Elementary 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: Domestic

Utilities

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

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: 3,244
  • Above Ground: 3,244 Sq. Ft.
  • Year Built: 1870

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 5

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.2
  • Zoning: T
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $117,600
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 638079

Listed by Newtown Realty LLC, Daniel Orlowski

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Listing agent

— 531 Allen St —

  • Daniel Orlowski

    Newtown Realty LLC

Agent Contact: (203) 687-9795 Office Contact: (203) 427-8250

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 531 Allen St

School District:New Britain School District
NameGradesDistance
Smalley Academy
175 West Street, New Britain, CT 06051
K-50.5 mi
Pulaski Middle School
757 Farmington Avenue, New Britain, CT 06053
6-81.5 mi
New Britain High School
110 Mill Street, New Britain, CT 06051
9-122.4 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 531 Allen St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/26/2026
Listed
$299,000
15%
MLS
6/30/2025
Sold
$260,000
—
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 531 Allen St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,608
28%
$117,600
29%
2023
$3,597
-31%
$90,860
-33%
2023
$5,217
42%
$136,290
84%
2022
$3,669
—
$74,130
—
2021
$3,669
-2%
$74,130
—
2020
$3,744
—
$74,130
—
2019
$3,744
—
$74,130
—
2018
$3,744
2%
$74,130
2%
2017
$3,680
—
$72,870
—
2016
$3,680
3%
$72,870
—
2015
$3,571
—
$72,870
—
2014
$3,571
11%
$72,870
—
2011
$3,215
—
$72,870
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by Newtown Realty LLC, Daniel Orlowski

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531 Allen Street, New Britain, CT 06053 (MLS# 24170326) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 531 Allen Street is currently listed for $299,000 and was received on April 26, 2026. Want to learn more about 531 Allen 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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