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150-156 Preston
Hartford, CT 06114
Multifamily Property For Sale
·
8 Units


Investment Highlights
- 100% Occupied
Executive Summary
150–156 Preston Street is an eight-unit multifamily property consisting of two side-by-side, standalone four-unit buildings. Located in Hartford, Connecticut, the property is just minutes from Downtown Hartford and the Central Business District, with convenient access to Interstates 84 and 91 providing strong connectivity throughout the Greater Hartford region. Six of the eight units have been recently renovated, offering a mix of in-place upgrades and remaining value-add potential. The property is situated within an established residential neighborhood with a dense population base, access to public transportation, and close proximity to major employment centers, healthcare institutions, and educational facilities, supporting consistent rental demand.
Property Facts
| Price Per Unit | $168,396 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.32 AC |
| Cap Rate | 8.07% | Building Size | 6,048 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1937 |
| Apartment Style | Low-Rise | Parking Ratio | 1.32/1,000 SF |
| Zoning | NX-2 | ||
| Price Per Unit | $168,396 CAD |
| Sale Type | Investment |
| Cap Rate | 8.07% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,048 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | NX-2 |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $468,705 CAD | |
| Land Assessment | $79,442 CAD | Total Assessment | $548,147 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$79,442 CAD
Improvements Assessment
$468,705 CAD
Total Assessment
$548,147 CAD
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