78 Rhodes Street, New Britain, CT 06051 (MLS # 24197311)

Price $489,111
Status Active
Beds 6
Baths 0 Bath
Home size 2,723 sqft
Lot Size 13,940 sqft
Days on Market 12
Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset.
Property Type(s): Multi Family
Last Updated 8/7/2026 Year Built 1880
County Hartford

SCHOOLS

Elementary School Per Board of Ed
High School New Britain

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Full, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Baseboard, Natural Gas
LOT 0.32 acre(s)
LOT DESCRIPTION Level
SEWER Public Sewer
STYLE 3updown - Unit(s) per Floor
TAXES 7970
WATER Public
ZONING T

Location

 

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Listing courtesy of Century 21 AllPoints Realty
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