351 Chestnut St

New Britain, CT 06051

$432,500
Last Sold Price
9
Beds
4,944 Sq. Ft.
$87 / Sq. Ft.
4,944
Sq. Ft.
$87
per Sq. Ft.
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Closed 3/22/24
Closed 3/22/24
a aerial view of a house with a yard

Description

Back on market! Improved price! Attention investors! This BEAUTIFUL Victorian style 3-FAMILY home is an EXCELLENT INVESTMENT OPPORTUNITY for any investor looking for a cash flowing asset to expand their RE portfolio! This magnificent home with a GORGEOUS Curb appeal and tasteful architecture has been WELL MAINTAINED. Separate Utilities for each Unit. Gross Rental Income Potential around $65-$70k Annually. Units could use some minor cosmetic updates. This property has APPROX 5,000 SQ FT of living...Back on market! Improved price! Attention investors! This BEAUTIFUL Victorian style 3-FAMILY home is an EXCELLENT INVESTMENT OPPORTUNITY for any investor looking for a cash flowing asset to expand their RE portfolio! This magnificent home with a GORGEOUS Curb appeal and tasteful architecture has been WELL MAINTAINED. Separate Utilities for each Unit. Gross Rental Income Potential around $65-$70k Annually. Units could use some minor cosmetic updates. This property has APPROX 5,000 SQ FT of living space with 1648 SQ ft per unit! ALL Units are IDENTICAL. Each Unit offers an Eat-in kitchen, 3 LARGE BEDROOMS and Full bathrooms w/ an open flowing layout. This property also offers a massive Unfinished Walk-up Attic! Plenty of On-Street parking along w/ 2 Assigned parking spots in Driveway. Natural Gas Heat and Public Water/Sewer Connected. Mechanicals/ Heating system are all in good/working condition. Newer Hot water heaters installed recently. Conveniently located close to CCSU, Parks, Access to major highways, Public Transportation and Shopping centers. Do not let this opportunity pass you by!
  1. Listed by Nick Morreale • Eagle Eye Realty PLLC
    P: (860)-305-5807 C: (860)-305-5807 nmorreale.realtor@gmail.com

Property Details for 351 Chestnut Street

Basement Description
Full, Walk-out
Direct Waterfront
No
Garages Number
1
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
Detached Garage, On Street Parking, Assigned Parking
Swimming Pool
No
LISTING UPDATED: 07/10/2024 03:19 AM

Property Details for 351 Chestnut Street

StatusClosed
MLS #170607420
Days on Market82
Taxes$10,228 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyHartford County
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Location

Listing Courtesy of Eagle Eye Realty PLLC, Nick Morreale

Sold By Berkshire Hathaway NE Prop., Lori DeSanti

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Building Information for 351 Chestnut Street

Stories-Residences3Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

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$3,030 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,178

Property Taxes

$852

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 351 Chestnut Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Per GPS
  • Elementary School: Per Board of Ed
  • High School: New Britain
  • Latitude: 41.666518
  • Longitude: -72.769048
  • Neighborhood Amenities: Commuter Bus, Golf Course, Public Transportation, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 3
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $10,228
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Covered Deck, Porch, Sidewalk
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up, Unfinished
  • Cooling System: None
  • Heat Type: Hot Air, Hot Water, Steam
  • Attic YN: Yes
  • Home Automation: Security System
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s), Washer/Dryer All Units
  • Rooms Total: 18
Property
Property and Assessments
  • Construction Description: Brick, Stone, Concrete
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 8865
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4944
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 641038
  • Sq Ft Est Heated Above Grade: 4944.0
  • Sq Ft Total: 4944.0
  • Zoning: T
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Income: 43200
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 18
Building Details
  • Unit Count: 3
Unit 1
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 1648
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-10-2024
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 1648
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-10-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 1648
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 07-10-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Property History for 351 Chestnut Street

DateEvent & SourcePriceAppreciation
Mar 22, 2024

Closed (Public Record)

Public Record #1530088332

$432,500

+4.0% / yr

Sep 13, 1996

Closed (Public Record)

Public Record #91583530

$145,900—
DateEvent & SourcePrice
03/22/2024

Closed (Public Record)

Public Record #1530088332

$432,500

+4.0% / yr

09/13/1996

Closed (Public Record)

Public Record #91583530

$145,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 351 Chestnut Street

Taxable ValueLand$40,950Additions$226,240Total$267,190
Tax Record2024$10,469 ($872 / month)
Home Facts
Baths3Total Finished SqFt4,944 SqFtAbove Grade Finished SqFt4,944 SqFtUnfinished Basement SqFt1,648 SqFtStories3Lot Size5,663 SqFtStyleTriplexYear Built1900ZoningTCountyCAPITOLAPNNBRI M:B8C B:46

Schools near 351 Chestnut Street

This home is within New Britain School District.
Rating
School
Type
Grades
Distance
Smith Elementary School
Public - K to 5
Slade Middle School
Public - 6 to 8
New Britain High School
Public - 9 to 12
Sunrise Primary (Chamberlain)
Public - K to 4
Rating
School
Distance
Smith Elementary School
PublicK to 5

Slade Middle School
Public6 to 8

New Britain High School
Public9 to 12

Sunrise Primary (Chamberlain)
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Eagle Eye Realty PLLC, Nick Morreale

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.