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Duplex Investment Property
For Sale
$350,000

380 Chestnut Street, New Britain, CT 06051

Two-family residence near Route 9 and I-84 with access to regional employment, education, medical, and recreational destinations.

Property SizeContact for details
Days on Market12

Property Features for 380 Chestnut Street

General Information

Standard status Active
Property subtype Multi Family
Zoning T

Property Condition

Severity Repairs Needed
Evidence remodeling

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: LPT Realty
Listed By: Jessica Boswell
Source: Capmarkrealty
Added: Aug 22 Changed: Aug 31 Last Checked: Sep 2 at 2:01PM

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 LPT Realty

Investment Insights

Based on property information with market context.

Built in 1900, this residential property is configured as a two-family residence and carries T zoning. Its layout offers a duplex format for an owner or investor seeking a multifamily asset in New Britain. The source information also identifies potential consideration for a three-family or rooming-house configuration, subject to applicable requirements and approvals.

Located at 380 Chestnut Street, the property provides access to Route 9 and I-84, connecting with Hartford and surrounding communities. Nearby destinations include Walnut Hill Park, Stanley Quarter Park, Central Connecticut State University, the University of Connecticut School of Medicine, Hospital of Central Connecticut, and Hartford Hospital. Shopping, dining, and routine services are also identified in the surrounding area.

Key Highlights

  • Two‑family residential configuration
  • T zoning
  • Built in 1900

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Catering Service Skin Care Clinic Garden Center

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

800
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-family residence near Route 9 and I-84 with access to regional employment, education, medical, and recreational destinations.
Where is this duplex located?
The property is located at 380 Chestnut Street New Britain, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑family residential configuration; T zoning; Built in 1900
More about this property
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