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MLS 24197311 For Sale Open House Updated August 16, 2026
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78 Rhodes Street

New Britain, Connecticut 06051

$489,111
On market 9 days
78 Rhodes Street
1 / 17

About This Property

Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset.

Property Details

Interior

Heat
Baseboard — Natural Gas
Cooling
Window Unit
Basement
Full

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
High
New Britain

78 Rhodes Street

New Britain , Connecticut 06051

$489,111

On market 9 days

Beds
6
Baths
0
SqFt
2,723
Type
Multi-Family
County Hartford
Garage 0
Rooms -
Lot Size 0.32 Acres
Property Tax $7,970
Assessed Value $203,420
Year Built 1880
Style 3updown - Unit(s) per Floor
Zoning T

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 13571.

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