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Two-Unit Duplex with Separate Utilities
For Sale
$375,000

121 Millard Street, New Britain, CT 06051

1985 duplex with basement laundry, updated electrical panels, and separately metered utilities for each residence.

Property Size2,288 SF
Price / SF$163.90
Days on Market9

Property Features for 121 Millard Street

General Information

Standard status Active
Size 2,288 SF
Property subtype 2 Family

Building Details

Year Built 1985
Listing Agency: William Raveis Real Estate
Listed By: Lisa Sadinsky
Source: Lockandkeyre
Added: Sep 16 Changed: Sep 23 Last Checked: Sep 22 at 4:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate

Investment Insights

Based on property information with market context.

This 2,288-square-foot duplex was built in 1985 and contains two residential units arranged across separate floors. Each residence includes an eat-in kitchen and family room, while assigned washer and dryer space is located in the basement. Utilities are separately metered, and both units are occupied under month-to-month terms.

The property has vinyl siding, a roof approximately 10 years old, numerous replacement windows, and updated electric panels. Positioned on Millard Street in New Britain, the home is within walking distance of CT FastTrack, an elementary school, and a public park, with highway access also available.

The two-unit layout and basement laundry areas provide a practical configuration for a residential income property, with the physical improvements reflecting 1985 construction and subsequent updates.

Key Highlights

  • 2,288‑square‑foot duplex built in 1985
  • Two residential units with month‑to‑month tenancy terms
  • Separately metered utilities for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 06051, CT

31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - 1985 duplex with basement laundry, updated electrical panels, and separately metered utilities for each residence.
Where is this duplex located?
The property is located at 121 Millard Street New Britain, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,288‑square‑foot duplex built in 1985; Two residential units with month‑to‑month tenancy terms; Separately metered utilities for each unit
More about this property
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