Six-Unit Brick Apartment
For Sale
Contact for pricing
40 Dewey Street, New Britain, CT 06051
Fully occupied multifamily property with updated unit interiors, separate utilities, newer mechanicals, and off-street parking.
Property SizeContact for details
Days on Market143
Property Features for 40 Dewey Street
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
9.2%
Multifamily Units
6
Building Details
Buildings
1
Construction
solid brick
Listing Agency:
Century 21 Allpoints Realty Southington
(860) 508-2102
Listed By:
Lisa Cozzi · License #CT REB.0789668
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 3:54PM
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 Century 21 Allpoints Realty Southington
Investment Insights
Based on property information with market context.
This six-unit brick apartment building at 40 Dewey Street includes a combination of two- and three-bedroom residences. Many units have received updates such as granite countertops, stainless steel appliances, and flooring in hardwood, tile, or vinyl. Separate tenant-paid utilities, newer mechanical systems, and off-street parking support the property’s operating configuration.
The property is located in New Britain, minutes from downtown, shopping, parks, and major highways. It sits on a side street and is fully occupied. The offering includes a reported 9.2% cap rate and is being sold AS-IS.
The property is located in New Britain, minutes from downtown, shopping, parks, and major highways. It sits on a side street and is fully occupied. The offering includes a reported 9.2% cap rate and is being sold AS-IS.
Key Highlights
- Six‑unit brick apartment building at 40 Dewey Street
- Mix of two- and three‑bedroom apartments
- Many units updated with granite countertops and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with updated unit interiors, separate utilities, newer mechanicals, and off-street parking.
Where is this apartment building located?
The property is located at 40 Dewey Street New Britain, CT.
What are key features of this property?
This property features: Six‑unit brick apartment building at 40 Dewey Street; Mix of two- and three‑bedroom apartments; Many units updated with granite countertops and stainless steel appliances
