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Duplex with Finished Lower Level
New
For Sale
$475,000
Pending

40 Charles St, New Britain, CT 06051

Move-in-ready duplex with separate utilities, tenant-occupied second floor, and a finished lower level with rear access.

Days on Market5

Property Features for 40 Charles St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Utilities to Site Yes

Building Details

Building Size 3,212 SF
Year Built 2005
Buildings 1
Abandoned No
Listing Agency:
Listed By: Ken A. Hjulstrom
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 31 at 6:07AM

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 Ken A. Hjulstrom

Investment Insights

Based on property information with market context.

This move-in-ready duplex features maintenance-free exterior finishes with vinyl siding and thermopane windows throughout. The owner occupies the first floor, which includes three bedrooms, a large eat-in kitchen, a spacious living room, and laundry. The lower level is finished and offers an additional living room, kitchen, full bath, two bedrooms, and a laundry hook-up, with a rear stairwell and exterior door providing separate lower-level access.

The second level is tenant occupied. First and second floor units are heated with gas WAIR, while the lower level uses electric baseboards. Separate utilities are provided for the 1st and 2nd floor units.

A large rear parking area and a wide driveway help provide ample off-street parking for residents and guests.

Key Highlights

  • Duplex built in 2005 with move‑in condition and maintenance‑free vinyl siding exterior
  • Owner‑occupied first floor includes 3 bedrooms, large eat‑in kitchen, spacious living room, and laundry
  • Finished lower level adds extra living space with 2 bedrooms, full bath, additional living room and kitchen, plus laundry hook‑up

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

340
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 - Move-in-ready duplex with separate utilities, tenant-occupied second floor, and a finished lower level with rear access.
Where is this duplex located?
The property is located at 40 Charles St New Britain, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex built in 2005 with move‑in condition and maintenance‑free vinyl siding exterior; Owner‑occupied first floor includes 3 bedrooms, large eat‑in kitchen, spacious living room, and laundry; Finished lower level adds extra living space with 2 bedrooms, full bath, additional living room and kitchen, plus laundry hook‑up
More about this property
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