$724,500

59 Trinity Street, New Britain, CT 06051

  • 16 beds |
  • 5 baths |
  • 6,119 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $118/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Exceptional 5-unit investment opportunity offering strong in-place income with clear potential to exceed $100,000+ in annual revenue. This well-maintained property currently generates approximately $93,300 per year, with all utilities paid by tenants, resulting in a highly efficient, low-expense operation. The property features a highly desirable unit mix, including three large 3-bedroom units (each approximately 1,400+ sq ft) in the front building, along with a 2-bedroom and a rare 5-bedroom unit in the rear building. Each unit is equipped with its own washer and dryer, a highly sought-after amenity that enhances tenant retention and rental value. Significant capital improvements have been completed since ownership, totaling in excess of $175,000. Updates include a new roof on the front building (2025), new siding on the front building (2025), and new siding on three sides of the rear building. Interior upgrades have been completed throughout as needed, including updated kitchens with new cabinets, countertops, and appliances, as well as improvements to flooring and windows. Two units are currently on month-to-month leases, offering immediate opportunity for rental adjustments and increased cash flow. Several units are below current market rents, presenting a clear value-add opportunity for investors seeking to reposition the asset and maximize returns. With tenant-paid utilities, strong existing occupancy, and substantial recent improvements, scroll down

Listing Status:
Active
Date Added:
March 18, 2026
Data Last Updated:
March 28, 2026 at 4:50AM
Listing Office:
Coldwell Banker Realty : (860) 644-2461
Listing Agent:
Ali White Ginnett : (860) 222-5460
MLS ID:
24159271
  • Laundry: Washer/Dryer All Units
  • Basement: Full
  • A/C: None
  • Heating: Gas on Gas
  • Fireplace: Fireplaces: 0
  • Style: Other
  • Parking: Parking spaces: 6
  • Roofing: Asphalt Shingle
  • County: Hartford
  • Zoning: T651902
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Ali White Ginnett , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

Northend Elementary School

160 Bassett St, New Britain, CT, 06051

Grades KG-5

0.10 miles away

H

House of Arts Letters and Science (Hals) Academy

30 Pendleton Rd, New Britain, CT, 06053

Grades 6-8

1.06 miles away

N

New Britain High School

110 Mill St, New Britain, CT, 06051

Grades 9-12

0.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.