37
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$349,000
Est. payment /mo
4 Beds
2 Baths
4,516 SqFt
New
147 Jubilee Street New Britain, CT 06051
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,516 sqft
Price per Sqft $77
MLS Listing ID 24180380
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1880
Annual Tax Amount $6,319
Lot Size 10,454 Sqft
Property Sub-Type 2 Family
Property Description
Opportunity knocks with this unique three-story multifamily property offering two legal apartments, flexible living arrangements, and multiple income streams. Fully rented with below-market rents, this property presents immediate upside for investors looking to increase cash flow through strategic management and cosmetic improvements. The first-floor unit features a room-rental layout, making it an excellent option for house hackers or investors seeking maximum rental income. The second and third floors offer exceptional flexibility, with the third level suitable for additional living space, a home office, or the ability to combine the second and third floors into a larger apartment configuration, making it 4 bed unit. Major mechanical systems have been updated and serviced, reducing near-term capital expenditure concerns. The full basement provides three separate storage rooms, creating additional tenant amenities or rental opportunities. A standout feature is the enormous two-story, three-bay garage, fully rented to tenants that are not living at the property. The upper level currently includes a fully equipped gym space with tatami mats, offering endless possibilities for storage, business use, hobby space, fitness operations or future conversion opportunities. Outside the property boasts parking for approximately 10+ vehicles, creating potential for additional income through storage, or vehicle parking, contractor parking. Conveniently located in New Britain
Location
State CT
County Hartford
Zoning T
Rooms
Basement Full, Unfinished, Storage
Interior
Heating Hot Air, Radiant
Cooling Ceiling Fans, Window Unit
Exterior
Parking Features Detached Garage, Paved, Driveway
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Shingle
Building
Lot Description City Views
Foundation Slab, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools New Britain
Listed by Ida Carter • The DIY Listing
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