4,516 SF 2 Family

multifamily

4,516 SF 2 Family

147 Jubilee Street
New Britain, Connecticut 06051

Price

$349,000

Price/SF

$77.28/SF

Building Size

4,516 SF

Lot Size

0.24 acres

Year Built

1880

Units

2

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

Additional Details

Zoning

T

MLS Number

24180380

Property ID

79a60f15-19bb-4c5a-9bdb-7fbcb37bc963

MLS Information

MLS#: 24180380

Listed by: The DIY Listing

Agent: Ida Carter • (860) 212-0074 • ida@thediylisting.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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