531 Allen St, New Britain, CT 06053

$299,000
8
BD
3
BA
3,244
SqFt

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Sold Price
$299,000
List Price
$299,000
Status
CLOSED
MLS#
24170326
Closing Date
May 29, 2026
Year Built
1870
Bedrooms
8
Bathrooms
3
Acres
0.20
Living Area
3,244
Neighborhood
N/A

Property Description

Investor opportunity in a prime New Britain location! This spacious duplex at 531 Allen St offers exceptional upside potential just minutes from Central Connecticut State University, a major driver of consistent rental demand. The property features two large units, including a 5-bedroom, 2-bath upstairs unit and a 3-bedroom, 1-bath downstairs unit-ideal for maximizing rental income or a house-hacking setup. While the home requires significant interior renovations and new hot water heaters, major exterior improvements have already been completed, including newer vinyl siding, a newer roof, and newer windows. Please note, the sq ft number includes the attic in its current space. Situated in a convenient neighborhood close to highways, shopping, dining, and public transportation, this property is perfectly positioned for investors, flippers, or owner-occupants looking to build equity. Being sold strictly as-is, this is a rare chance to create strong value in a high-demand rental area.

Additional Information

Taxes
$4,608
Lot Size
8,712
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Full
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Daniel Orlowski from Newtown Realty LLC. (203) 687-9795 (203) 427-8250

Selling Office: Serhant Connecticut, LLC.

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