Turnkey Three-Family Income
For Sale
$439,999
Pending
17 Austin St, New Britain, CT 06051
Three fully occupied two-bedroom units with updated kitchens, new flooring, and major mechanical upgrades.
Property Size2,320 SF
Days on Market56
Property Features for 17 Austin St
General Information
Standard status
Pending
Size
2,320 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Building Size
2,320 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
eXp Realty
(203) 430-6874
Listed By:
Michael Sangapore · License #CONNECTICUTRES:0814339
(203) 430-6874
Source:
Elliman
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 19 at 9:12AM
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 well-maintained three-family property presents a straightforward income setup with three separate 2-bedroom, 1-bath units. The units have been updated with renovated kitchens and new LVP flooring throughout. Major mechanical improvements include updated plumbing and electrical, and the roof was replaced in 2018. Heating is split by level, with gas heat on the first floor and electric heat serving the second and third floors, supporting independent living arrangements within the building. Off-street parking is included, adding day-to-day convenience for residents.
The property is located in New Britain, offering a convenient residential setting with access to nearby shopping, dining, and commuter routes, as described in the remarks. Walkability and transit context are also noted as somewhat limited, with the area characterized as car-dependent and somewhat served by transit.
For buyers seeking a turnkey residential income asset, this property’s fully occupied status and recent interior and mechanical updates are central to the tenant-ready appeal. With three distinct units and off-street parking, it may also suit an owner-occupant strategy where rental income can help offset housing costs, while benefiting from the building’s documented improvements.
The property is located in New Britain, offering a convenient residential setting with access to nearby shopping, dining, and commuter routes, as described in the remarks. Walkability and transit context are also noted as somewhat limited, with the area characterized as car-dependent and somewhat served by transit.
For buyers seeking a turnkey residential income asset, this property’s fully occupied status and recent interior and mechanical updates are central to the tenant-ready appeal. With three distinct units and off-street parking, it may also suit an owner-occupant strategy where rental income can help offset housing costs, while benefiting from the building’s documented improvements.
Key Highlights
- Three fully occupied 2‑bedroom, 1‑bath units in a multifamily building (year built 1900).
- Updated interiors: renovated kitchens in each unit and new LVP flooring throughout.
- Major mechanical upgrades include updated plumbing and electrical.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
590
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three fully occupied two-bedroom units with updated kitchens, new flooring, and major mechanical upgrades.
Where is this triplex located?
The property is located at 17 Austin St New Britain, CT.
What is the asking price?
The asking price for this property is $439,999.
What are key features of this property?
This property features: Three fully occupied 2‑bedroom, 1‑bath units in a multifamily building (year built 1900).; Updated interiors: renovated kitchens in each unit and new LVP flooring throughout.; Major mechanical upgrades include updated plumbing and electrical.
