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Corner Two-Family Portfolio
For Sale
$849,000
Pending

287 Kensington Ave, New Britain, CT 06051

Two two-family buildings with fully renovated units and separate utilities, positioned on a highly visible corner.

Property Size3,152 SF
Days on Market63

Property Features for 287 Kensington Ave

General Information

Standard status Pending
Size 3,152 SF
Property subtype Multi Family

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 4

Building Details

Building Size 3,152 SF
Year Built 1968
Tenancy Multi
Listing Agency: Lakeshore Realty
Listed By: Ilir Dedvukaj · License #CT0804816
Source: Elliman
Added: Jun 18 Changed: Aug 10 Last Checked: Aug 19 at 1:12PM

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 Lakeshore Realty

Investment Insights

Based on property information with market context.

A rare portfolio combining two separate two-family properties, totaling four residential units. 287 Kensington Avenue (287 Kensington Ave) offers two oversized apartments with private balconies and garage parking; both units are currently not occupied, creating flexibility for an owner-occupant or investor to lease. 301 Kensington Avenue / 2 High Road (Berlin) is a fully renovated two-family building, renovated down to the studs, with updated systems and modern finishes. It includes two updated 2-bedroom, 1-bathroom apartments, and the property features separate utilities with tenants responsible for their own utility expenses.

The combined site is located on the highly visible corner of Kensington Avenue and High Road on the New Britain/Berlin town line, with strong traffic exposure as described. The offering also notes convenient access to major routes and local demand drivers, including Route 9, I-84, CCSU, downtown New Britain, and major employers, shopping, and dining.

This portfolio is well suited to buyers looking for a multifamily setup that can support either long-term leasing or an owner-occupant strategy, given the mix of a currently vacant building and a renovated building with separate utilities. It also presents a future development or expansion possibility, subject to municipal approvals, while maintaining an immediately rentable residential configuration.

Key Highlights

  • Two two‑family buildings on the New Britain/Berlin town line at the corner of Kensington Avenue and High Road
  • Four total residential units: 287 Kensington Avenue and 301 Kensington Avenue (2 High Road, Berlin)
  • 287 Kensington Avenue: two oversized apartments, each approx. 1,466 SF, with private balconies and garage parking (currently not occupied)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

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

4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

203
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two two-family buildings with fully renovated units and separate utilities, positioned on a highly visible corner.
Where is this duplex located?
The property is located at 287 Kensington Ave New Britain, CT.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two two‑family buildings on the New Britain/Berlin town line at the corner of Kensington Avenue and High Road; Four total residential units: 287 Kensington Avenue and 301 Kensington Avenue (2 High Road, Berlin); 287 Kensington Avenue: two oversized apartments, each approx. 1,466 SF, with private balconies and garage parking (currently not occupied)
More about this property
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