Turn-Key Three-Family
For Sale
$450,000
Pending
21 Millard Street, New Britain, CT 06051
Three well-maintained residential units with updated interiors, recent exterior/mechanical upgrades, and off-street parking.
Property Size2,054 SF
Days on Market69
Property Features for 21 Millard Street
General Information
Standard status
Pending
Size
2,054 SF
Property subtype
3 Family
Occupancy
67%
Additional Details
Business Included
Yes
Fenced Yard
Yes
Multifamily Units
3
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
Century 21 Classic Homes
(860) 328-5856
Listed By:
Adam Zak
(860) 328-5856
Source:
Lockandkeyre
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 3 at 11:56AM
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 Classic Homes
Investment Insights
Based on property information with market context.
This turn-key three-family property is offered with all three units maintained in excellent condition. Each unit features fully updated kitchens and bathrooms with premium cabinetry, durable quartz and granite countertops, and modern stainless steel appliances. The building also includes a replaced roof in 2017 and windows that are under 10 years old. Heating is split by floor, with a newly installed first-floor gas furnace in 2025 and electric heat serving the second and third floors. The exterior offers practical tenant amenities, including ample off-street parking, a detached two-car garage that may support additional storage use, and a fully fenced-in rear yard.
The first-floor unit is currently vacant, allowing flexibility for an owner-occupant or a new tenant. The second and third floors are occupied by tenant-at-will occupants, with stated rents of $1,500 per month and $1,200 per month, respectively.
For buyers seeking a straightforward owner-occupant setup or a multi-unit investment, the combination of updated kitchens and baths, the recent first-floor furnace replacement, and the roof/window improvements support lower-maintenance ownership. The property’s existing rental occupancy on the upper floors provides in-place income while the first floor is ready to be occupied immediately if desired.
The first-floor unit is currently vacant, allowing flexibility for an owner-occupant or a new tenant. The second and third floors are occupied by tenant-at-will occupants, with stated rents of $1,500 per month and $1,200 per month, respectively.
For buyers seeking a straightforward owner-occupant setup or a multi-unit investment, the combination of updated kitchens and baths, the recent first-floor furnace replacement, and the roof/window improvements support lower-maintenance ownership. The property’s existing rental occupancy on the upper floors provides in-place income while the first floor is ready to be occupied immediately if desired.
Key Highlights
- 3‑family property built in 1850 with updated kitchens and bathrooms across all three units
- Roof replaced in 2017; all windows are under 10 years old
- First‑floor gas furnace newly installed in 2025; second and third floors use efficient electric heat
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
66.7%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
496
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?
Triplex - Three well-maintained residential units with updated interiors, recent exterior/mechanical upgrades, and off-street parking.
Where is this triplex located?
The property is located at 21 Millard Street New Britain, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3‑family property built in 1850 with updated kitchens and bathrooms across all three units; Roof replaced in 2017; all windows are under 10 years old; First‑floor gas furnace newly installed in 2025; second and third floors use efficient electric heat
