Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15 Tremont St New Britain, CT 06051

    Sponsored
    For Sale
    $459,900

    MULTI_FAMILY - New Britain, CT

    Property size:
    3,126 SF
    Lot size:
    0.16 Acres
    Days on Market:
    38
    Last Refresh:
    Feb 23 at 11:06 pm

    Property Features for 15 Tremont St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T
    Rooms
    Bedroom 6, Bedroom 8, Bedroom 3, Bathroom 1, Bedroom 5, Basement, Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1
    Bedrooms
    8
    Bathrooms
    3
    Patio and Porch features
    Porch
    Exterior features
    Porch-Enclosed,Sidewalk,Porch
    Basement
    Full
    Size
    3,126 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1900

    We can help!

    Listing Contact
    Leah Fonte

    Property World (203) 877-1221

    Listing agent Leah Fonte (203) 877-1221

    Listing date Jan 17, 2026

    MLS# 24144576

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Britain Three-Family House

    This three-family house has been cared for by the owner for the last 20 years. Each floor offers approximately 1200 square feet of living space. According to the field card, the property contains 9 bedrooms. The first and second floors each feature three bedrooms. The third floor apartment is the largest, offering over 1200 square feet, two bedrooms, large closets, hardwood floors, a spacious kitchen with pantry, and a large living room. The third floor is available for owner occupancy. The property includes a yard in the back, and a basement. The asphalt roof was installed in 2025, and the asphalt driveway was done last year. Located in the heart of New Britain, the property sits on a 0.16-acre lot. The property size is 3126 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.777316
    Latitude
    41.674287

    Nearby Similar for Sale

    • New
      $450,000
      2,772 SF

      New Britain Two-Family Home

      Two-family home with potential for a third unit.
      126 Winthrop St, New Britain, CT 06052
      View Details
    • $449,900
      3,375 SF

      New Britain Multifamily Investment Opportunity

      Three-unit property with income potential in a convenient location.
      220 Kensington Ave, New Britain, CT 06051
      View Details
    • $515,000
      3,348 SF

      Tenant-Occupied Three-Family Property

      Well-maintained, three 2-bedroom units, updated, near amenities.
      67 Brooklawn St, New Britain, CT 06052
      View Details
    • $725,000
      4,760 SF

      Versatile Commercial Building in New Britain

      Adaptable commercial building with office, garage, and parking.
      551 Stanley St, New Britain, CT 06051
      View Details
    • New
      $374,999
      Pending

      Spacious Multifamily Property in New Britain

      8-bedroom, 3-family property near shopping, schools, and transportation.
      221 Fairview St, New Britain, CT 06051
      View Details
    • $299,999
      1,752 SF

      Charming Two-Family Home in New Britain

      Two-family home with updated kitchens, bathrooms, two-car garage, yard.
      44 Brook St, New Britain, CT 06051
      View Details
    • $60,000

      Turnkey Farm Store Opportunity

      Established Little Poland store with real estate and business included.
      166 Broad St, New Britain, CT 06053
      View Details
    • $299,800

      Renovated Two-Family Property in New Britain

      Fully renovated two-family property with recent updates, sold as-is.
      11 Dwight Ct, New Britain, CT 06051
      View Details
    • $499,900

      New Britain Triplex Investment Opportunity

      Three-unit property in New Britain with detached garage and parking.
      70 Monroe St, New Britain, CT 06051
      View Details
    • $334,900

      Updated Two-Family Home Near Downtown

      Updated two-family home near downtown New Britain and CCSU.
      14 Belden St, New Britain, CT 06051
      View Details
    • $499,000

      Multifamily Multiuse Property For Sale

      Multifamily property zoned for commercial and residential use.
      235 W Main St, New Britain, CT 06052
      View Details
    • $435,000

      Spacious Three-Family Home Near Park

      Well-maintained 3-unit property with ample living space and convenient location.
      17 Kensington Ave, New Britain, CT 06051
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained three-family house in the heart of New Britain.
    Where is this triplex located?
    The property is located at 15 Tremont St New Britain, CT.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: - Third-floor apartment available for owner occupancy, featuring 1200+ SF, two bedrooms, large closets, hardwood floors, spacious kitchen with pantry, and large living room.; - Three separate apartments, each with approximately 1200 SF of living space.; - Recent updates include a 2025 asphalt roof and a new asphalt driveway.
    (203) 815-6186
    Request Owner's contact information
    15 Tremont St New Britain, CT 06051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Tremont St
    New Britain, CT 06051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Tremont St New Britain, CT 06051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Leah Fonte
    (203) 815-6186 (203) 877-1221
    Learn more
    Google sign-in failed. Please try again or use another login method.