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Three-Unit Residential Property

359 Oak, New Britain, CT 06051

For Sale
New
$425,000

Separate tenant-paid utilities, laundry hookups, a detached garage, and off-street parking support the property's residential layout.

Property Size2,257 SF
Price / SF$188.30
Days on Market4

Property Features for 359 Oak

General Information

Standard status Active
Size 2,257 SF
Property subtype 3 Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

laundry hookups

Building Details

Year Built 1900
Listing Agency: eXp Realty
Listed By: Michael Doherty · License #RES.0814339
Source: Lockandkeyre
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 4:31PM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,257-square-foot triplex, built in 1900, contains two two-bedroom, one-bathroom apartments and one one-bedroom, one-bathroom apartment. The second and third floors have been remodeled. Laundry hookups and a detached garage are also part of the property, with off-street parking available.

Each apartment has separate utilities paid by its tenant. The property is in New Britain, near CCSU, public transportation, shopping, and dining.

Key Highlights

  • Three apartments: two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit
  • 2,257 square feet; built in 1900
  • Remodeled second and third floors

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

405
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

Average Price Trend$/SF for Triplexes in New Britain, CT

$151 Jul
$151 Aug
$142 Sep
$148 Oct

Properties on Market for Triplexes in New Britain

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate tenant-paid utilities, laundry hookups, a detached garage, and off-street parking support the property's residential layout.
Where is this triplex located?
The property is located at 359 Oak New Britain, CT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bathroom units and one 1‑bedroom, 1‑bathroom unit; 2,257 square feet; built in 1900; Remodeled second and third floors
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