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481 Park Street, 
New Britain, CT 06051

$624,900


8

Beds


4

Baths


3,986

Sq Ft


Multi-Family

Active

(860) 633-3661

Last updated:

June 3, 2026, 08:45 PM

MLS#

24179625

Source:

CT

Company Logo

About This Home

481 Park Street

Investment Opportunity with Timeless Character! This well-maintained 4-family property offers the perfect blend of charm, functionality, and income potential. Nestled on a quiet street, the home showcases beautiful architectural character, inviting front porches, and private entrances for each unit, creating a welcoming atmosphere and added privacy for residents. Each of the four spacious units features 2 bedrooms, 1 full bath, and the convenience of in-unit washers and dryers. The property is serviced by natural gas heating and offers separate utilities, making management more efficient and appealing to both owners and tenants. A rare 3-car garage provides valuable parking and storage options, additional rental income. The walk-out basement offers additional flexibility and utility. With strong rental demand, attractive amenities, and excellent income-producing potential, this property is an outstanding opportunity for investors or owner-occupants seeking long-term value in a desirable location. Currently one unit is owner occupied. All units are up to code.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1885

Price Summary

624,900

$156 per Sq. Ft.

MLS #:

24179625

Last Updated:

June 3, 2026, 08:45 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,986 Sq. Ft.


Structure

Structure

Building Area:

3,986 Sq. Ft.

Year Built:

1885


Lot

Lot Size (Sq. Ft):

14,374


Finances & Disclosures

Finances

Price:

$624,900

Price per Sq. Ft:

$156 per Sq. Ft.

481 Park Street
Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.