$1,450,000

House for sale Hartford
Property photo number 1 of 6 Photos for Property. File  104791749_29_6edaf6d3a09c35c0a9c8841efed8ab32.jpeg

Overview

SUMMARY: Discover an opportunity with this Hartford house for sale and available for $1,450,000. This could be your next ideal home or a smart investment. More details await.
Rare opportunity to acquire a 12-unit multifamily portfolio consisting of two 6-family properties located at 196 Park Street and 38 Brown Street in Hartford, Connecticut. Offering immediate scale, strong in-place cash flow, and operational efficiencies, this package is ideal
for investors seeking a larger multifamily asset in one of Connecticut's strongest rental markets. The portfolio features a desirable mix of six 3-bedroom units and six 2-bedroom units, appealing to a broad tenant base and supporting long-term occupancy. Both properties benefit from tenant-paid utilities, off-street parking, public water and sewer, and gas heat, helping to minimize operating expenses and maximize investor returns. Currently operating at strong occupancy levels, the portfolio offers additional upside through continued rent growth and stabilization to market rents. The combination of larger family-sized units and Hartford's ongoing demand for affordable workforce housing creates a compelling long-term investment profile. Conveniently located near downtown Hartford, major employers, hospitals, universities, public transportation, and interstate highways, the properties benefit from excellent accessibility and a deep tenant pool.

Details

  • Beds: 30
  • Baths: 12
  • Price: $1,450,000
  • Area: 7,128 sqft

Location

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