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Three-Unit Property with Three-Car Garage
For Sale
$440,000

181 Wilcox Street, New Britain, CT 06051

Fully rented triplex with separate utilities, private laundry, and front and rear porches for each residence.

Property Size1,920 SF
Lot Size0.38 Acres
Price / SF$153.04
Days on Market9

Property Features for 181 Wilcox Street

General Information

Standard status Active
Size 1,920 SF
Total Parking Spaces 3
Lot size 0.38 Acres
Property subtype 3 Family
Occupancy 100%

Units

Unit Mix 3 x 3BR/1BA
Multifamily Units 3

Additional Details

Gross Income $60,456
Utilities to Site Yes

Amenities

in-unit washer/dryer
front and rear porches

Building Details

Building Size 1,920 SF
Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: William Raveis Real Estate
Listed By: Lisa Sadinsky
Source: Iverty
Added: Sep 16 Changed: Sep 21 Last Checked: Sep 22 at 5:00PM

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.

Located at 181 Wilcox Street in New Britain, this 2,875-square-foot triplex was built in 1920 and includes three residential units plus a detached three-bay garage. Each unit offers a family room, kitchen, full bathroom, front and rear porches, and in-unit private laundry. The property is fully rented, with separately metered utilities and a combination of month-to-month and JDA lease arrangements.

Original architectural character remains, while several major updates have been completed. All windows have been replaced, the roof is about 12 years old, and new plumbing was installed in the rear portion to support in-unit laundry. Floors 1 and 2 have high-efficiency gas wall-mounted heat located in the basement, while the third-floor heating equipment is in the attic. The property occupies 0.38 acres and is situated near the Plaza on Allen Street, including a grocery store and other conveniences.

Key Highlights

  • Three‑unit property built in 1920
  • 2,875 SF building on 0.38 acres
  • Three‑bay garage behind the house

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

548
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?
Triplex - Fully rented triplex with separate utilities, private laundry, and front and rear porches for each residence.
Where is this triplex located?
The property is located at 181 Wilcox Street New Britain, CT.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Three‑unit property built in 1920; 2,875 SF building on 0.38 acres; Three‑bay garage behind the house
More about this property
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