Detail Description
Welcome to 351 Chestnut Street, a magnificent Victorian-era three-family residence offering a blend of historic charm and income potential. This stately property is perfectly suited for both astute investors and owner-occupants seeking the benefits of rental income.
The home's distinctive Queen Anne turret-style porches provide exceptional curb appeal. Each generously proportioned 1,700 sq ft unit features three spacious bedrooms, one bathroom, an oversized dining room, a kitchen, and a private porch, ensuring ample living space.
The second-floor unit has been thoughtfully updated while preserving its inherent Victorian character, showcased through original stained woodwork, built-in China cabinets, and other period details.
Currently, the first-floor unit is leased at $1,550 per month, and the third-floor unit, occupied by a long-term tenant, generates $1,400 per month. These established tenancies provide consistent rental income with clear potential for future increases. The second-floor unit presents an ideal opportunity for owner occupancy or a new market-value tenant.
Additional amenities include natural gas heating and cooking, a private driveway, and a detached one-car garage exclusively for owner use.
Conveniently located, the property offers easy access to CCSU, Route 9, New Britain's renowned Eastside restaurants, and public transportation.