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
Listing Details
Price:
$349,000
Address:
147 Jubilee Street
City:
New Britain
State:
Connecticut
Zip Code:
06051
MLS:
24180380
Year Built:
1880
Square Feet:
2,216
Acres:
0.24
Lot Square Feet:
0.24 acres
Bedrooms:
4
Bathrooms:
2
price:
349000
style:
Units on different Floors
atticYN:
yes
taxYear:
July 2025-June 2026
heatType:
Hot Air, Radiant
sqFtTotal:
4516
directions:
GPS Friendly
highSchool:
New Britain
acresSource:
Public Records
propertyTax:
6319
waterSource:
Public Water Connected
currentPrice:
349000
drivewayType:
Private, Paved, Asphalt
heatFuelType:
Natural Gas
milRateTotal:
39.18
neighborhood:
N/A
sewageSystem:
Public Sewer Connected
assessedValue:
161280
coolingSystem:
Ceiling Fans, Window Unit
garageParking:
Detached Garage, Paved, Driveway
garagesNumber:
1
exteriorSiding:
Aluminum
foundationType:
Slab, Stone
lotDescription:
City Views
preferredPhone:
(860) 212-0074
swimmingPoolYN:
no
laundryRoomInfo:
Common Laundry Area
nearbyAmenities:
Basketball Court, Commuter Bus, Paddle Tennis, Private School(s), Public Pool
