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Turnkey Three-Family Property
For Sale
$475,000
Pending

490 South St, New Britain, CT 06051

Updated three-unit property in New Britain, ideal for investors.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market155

Property Features for 490 South St

General Information

Standard status Pending
Lot size 0.26 Acres
Property subtype Multi Family

Building Details

Year Built 1880
Listing Agency: eXp Realty
Listed By: Niccolo Saraceno · License #RES.0805221
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Aug 11 at 7:11AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This three-family property in New Britain presents an opportunity for investors or owner-occupants. Each unit features updated kitchens and baths, and move-in ready finishes. The property includes separate utilities and natural gas heating. A clean basement provides storage space. This multi-family property is located in a strong rental market.

Key Highlights

  • Turnkey 3‑family property, ready for immediate occupancy or rental.
  • Updated kitchens and baths in each unit.
  • Strong cash flow potential in a high demand rental market.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Daycare Center Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Furniture & Home Goods

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

294
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Updated three-unit property in New Britain, ideal for investors.
Where is this triplex located?
The property is located at 490 South St New Britain, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Turnkey 3‑family property, ready for immediate occupancy or rental.; Updated kitchens and baths in each unit.; Strong cash flow potential in a high demand rental market.
More about this property
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