22 School Street New Britain, CT 06051
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / Clifton Green

  22 School Street New Britain, CT 06051

Active (1 Days)
$325,000
6
BED
2
BATH
1,882
SQFT

Description

Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP rate based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain.

MLS #:
24097307
Taxes
$5,277(2024)
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1962
Style
Units on Different Floors
County
Capitol Planning Region
Community
N/a

Listed By

Clifton Green, Coldwell Banker Realty
Source
SMART MLS
Last checked May 23 2025 at 11:13 AM EDT
Bathroom Details
  • Full Bathrooms: 2
Lot Information
  • Level Lot
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Baseboard
  • Gas on Gas
  • None
Basement Information
  • Concrete Floor
  • Full
  • Full With Walk-Out
  • Interior Access
  • Unfinished
Exterior Features
  • Wood
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Gas In Street, Natural Gas
School Information
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Garage
  • None
  • Off Street Parking
  • Driveway
Living Area
  • 1,882 sqft
Location
   
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