340 Arch Street, New Britain, CT 06051

New Britain
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
340 Arch Street,New Britain, CT 06051
$2,100,000
  • 15 Beds
  • 5 Baths
  • 9,864 sq. ft.
  • Multi-family
  • Active
Listed by: michelle lorenzetti(860) 335-0681
Office: premier re group llc(860) 335-0681
MLS#:24207479
Source:CT

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$212.9

About this home

Excellent condition turnkey mixed-use investment opportunity in New Britain offering strong in-place income with significant rental upside. This 13-unit property consists of 10 residential apartments and 3 established commercial storefronts across two buildings. Bldg 1 features six 2-bedroom apartments plus two commercial storefronts currently occupied by a mini market and party store. The residential units are projected at $1,600/month each, bringing the projected total income for Bldg 1 to $12,450/month including the commercial rents. Bldg 2 features four 3-bedroom apartments plus a commercial space occupied by an established restaurant. The residential units are projected at $1,800/month each, bringing the projected total income for Bldg 2 to $9,931.63/month including the restaurant. Current residential rents range from just $1,200 to $1,600/month, creating meaningful opportunity to increase income as rents are brought closer to projected market levels. Residential tenants cover...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, 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 an ERA®  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® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:24207479
  • Added:45 day(s) ago
  • Updated:November 14, 2026 at 01:48 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:25
  • Basement Description:Full Basement, Full With Walk-Out
  • Living area:9,864 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:9,864 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Level Lot
  • Construction Materials:Brick
  • Exterior Features:Awnings, Balcony, Lighting, Sidewalk

Schools

  • High school:Per Board of Ed
  • Middle school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected, Public Water In Street
  • Sewer:Public Sewer Connected, Public Sewer In Street

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$212.9
  • Tax amount:$33,427 (July 2026-June 2027)

Parking

  • Total parking spaces:12
  • Parking description:Assigned Parking, Driveway, Off Street Parking, Paved, Private
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.

New listings near 340 Arch Street