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    42 Prospect St New Britain, CT 06051

    Under Contract
    For Sale
    $425,000

    Units On Different Floors, 2 Family - New Britain, CT

    Property size:
    2,284 SF
    Lot size:
    0.16 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 42 Prospect St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    OP
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2
    APN
    649273
    Basement Y/N
    1
    Size
    2,284 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1880
    Building materials
    Brick
    Roof type
    Asphalt, Flat, Shingle
    Architectural style
    Other

    William Pitt Sotheby's Int'l (860) 868-6920 [email protected]

    Listing agent Ryan Bollard (860) 868-6600

    Listing date Nov 8, 2025

    MLS# 24136214 Listing URL

    Copyright © 2025 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.

    Overview

    Immaculate Two-Family Home in New Britain

    Located in New Britain, this two-family property at 42 Prospect Street offers an opportunity for investors and owner-occupants. The building is move-in-ready, with each unit featuring fresh paint, updated appliances, and high-quality finishes. The units are positioned to capture market rents, offering immediate income potential. The lower level is largely finished and ready to be converted into a possible third unit, subject to state and municipal approvals. The property has been meticulously cared for and thoughtfully updated. The lot size is 0.16 acres, and the property size is 2284 square feet. The zoning is OP.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7833239
    Latitude
    41.6643144

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family property with expansion potential in New Britain.
    Where is this duplex located?
    The property is located at 42 Prospect St New Britain, CT.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Immaculate, move-in-ready two-family home in pristine condition.; - Potential for a third unit in the largely finished basement (subject to approvals).; - Updated appliances and high-quality finishes throughout both units.
    (860) 868-6600
    Request Owner's contact information
    42 Prospect St New Britain, CT 06051
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    New Britain, CT 06051
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    Realmo Value Estimation

    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.

    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.

    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
    42 Prospect St New Britain, CT 06051
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