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Property Description

Welcome to 22 School Street, a well-maintained and income-generating two-family home located in a desirable Walnut Hill Park neighborhood of New Britain. 2 family style home, six bedrooms and two full bathrooms, making it an ideal opportunity for both investors and owner-occupants. The property is currently fully rented, with the first-floor unit generating $2,000 per month and the second floor unit bringing in $1,400 per month, for a $30,100 NOI (NET operating income). For sale at a 8.6% CAP based on current operating expenses, this home offers strong cash flow and has solid investment potential. Key features include baseboard heating, separate electric and gas meters, and off-street parking. The home sits on a 0.14-acre lot and is conveniently located near schools, parks, shopping, and public transportation. This turnkey property is a rare find in today's market-offering immediate rental income and long-term appreciation potential. Don't miss your chance to own this exceptional 2 family home in the heart of New Britain. **REVIEWING BIDS. SUBMIT IF INTERESTED**

Overview

Property Status
Sold
Date Sold
August 26, 2025
Lot Size
6,098.4 Sq.Ft.
MLS ID
24097307
Property Type
Multi-Family
Year Built
1962

Features & Amenities

Total Area
1,882 Sq.Ft.
Architecture Styles
Units on different Floors
Water Frontage
Not Applicable
Water Source
Public Water Connected
Roof
Asphalt Shingle
Lot Features
Level Lot
Parking
Off Street Parking, Driveway
Heat Type
Baseboard, Gas on Gas
Air Conditioning
None
Laundry Room
All Units Have Hook-Ups, Basement Hook-Up(s)
Sewer
Public Sewer Connected
Substructure
Concrete
Other Exterior Features
Porch-Enclosed, Porch
Elementary School
Per Board of Ed
High School
Per Board of Ed
Sales Price
$360,000
Real Estate Tax
$5,222/yr
Zoning
OP

Downloads

Light-blue one-story house with white trim, a broad gray roof, and a small front lawn.

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for your interest in 22 School Street, New Britain, CT 06051

22 School Street
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