147 Jubilee Street,New Britain, CT 06051
New Britain, CT 06051
Description
Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second and third floors into a larger apartment configuration, making it 4 bed unit. Major mechanical systems have been updated and serviced, reducing near-term capital expenditure concerns. The full basement provides three separate storage rooms, creating additional tenant amenities or rental opportunities. A standout feature is the enormous two-story, three-bay garage, fully rented to tenants that are not living at the property. The upper level currently includes a fully equipped gym space with tatami mats, offering endless possibilities for storage, business use, hobby space, fitness operations or future conversion opportunities. Outside the property boasts parking for approximately 10+ vehicles, creating potential for additional income through storage, or vehicle parking, contractor parking. Conveniently located in New Britain
Details
| MLS # | 24180380 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 123 |
| Listing Provided By | The DIY Listing | Ida Carter |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 4,516 |
| Garage | 1 |
| Basement | Y |
| Units | 2 |
| Zoning | T |
| Acreage | 0.24 |
Interior
| Total Rooms | 9 |
|---|---|
| Cooling System | Ceiling Fans, Window Unit |
| Fireplaces Total | 0 |
| Laundry Room Info | Common Laundry Area |
Exterior
| Roof Information | Asphalt Shingle, Shingle |
|---|---|
| Foundation Type | Slab, Stone |
Parking
| Garage & Parking | Detached Garage, Paved, Driveway |
|---|---|
| Garages Number | 1 |
| Parking Total Spaces | 8 |
Utilities
| Sewage System | Public Sewer Connected |
|---|
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 6319 |
Area Information
| State | CT |
|---|---|
| County | Hartford |
| City | New Britain |
| Zip Code | 06051 |
| Area | N | A |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | New Britain |
| Listing VS Median (in 06051) | |
Price: $349,000 low | high Med: $237,500 sqft: 4,516 low | high Med: 1,547 $ / sqft: $77 low | high Med: $162 On site: 123 low | high Med: 35 | |
Market Activity 06051
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Learn More About This Property
| State | CT |
|---|---|
| County | Hartford |
| City | New Britain |
| Zip Code | 06051 |
| Area | N | A |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | New Britain |
| Listing VS Median (in 06051) | |
Price: $349,000 low | high Med: $237,500 sqft: 4,516 low | high Med: 1,547 $ / sqft: $77 low | high Med: $162 On site: 123 low | high Med: 35 | |