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Investment Highlights

  • 18 Sherman Street is a 21 unit property nestled in Hartford's coveted West End, one of the city's most desirable residential neighborhoods
  • An incoming investor inherits a turnkey asset positioned for low turnover and capital expenses - currently 90% occupancy and consistent collections
  • Proximity to UConn Law, Elizabeth Park, the University of Hartford, and the Farmington Avenue corridor, the West End attracts a stable, quality renter

Executive Summary

18 Sherman Street is a 21 unit property nestled in Hartford's coveted West End, one of the city's most desirable residential neighborhoods. Known for tree-lined streets, historic architecture, and proximity to UConn Law, Elizabeth Park, the University of Hartford, and the Farmington Avenue corridor, the West End attracts a stable, quality renter base. The walkability and easy access to downtown and I-84 make it a location tenants seek out and stay in - the foundation of the building's strong occupancy and dependable collections. Ten units have been fully remodeled with durable, move-in-ready finishes: new LVT and porcelain tile flooring, quartz countertops, shaker cabinetry, stainless steel appliances, new lighting, open kitchen-to-living layouts, updated baths, in-unit air conditioning, and newer windows. Building systems are equally strong, anchored by a modern Lochinvar gas heating system (former oil tanks retired) and two on-site washer/dryer sets. Additional upgrades include new exit signs and new smoke detectors. With major systems and interiors already addressed, an incoming investor inherits a turnkey asset positioned for low turnover and capital expenses - the fundamentals driving the current 90% occupancy and consistent collections in one of Hartford's most sought-after neighborhoods.

Property Facts

Price $2,816,049 CAD
Price Per Unit $134,098 CAD
Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.37 AC
Building Size 15,120 SF
Average Occupancy 90%
No. Stories 3
Year Built 1959
Parking Ratio 1.32/1,000 SF
Zoning R7

Amenities

Unit Amenities

  • Refrigerator
  • Oven

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 $1,557 CAD 448
1+1 12 $1,822 CAD 600
2+1 3 $2,236 CAD 875
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
HTFD-000133-000314-000150
Land Assessment
$261,077 CAD
Improvements Assessment
$1,221,102 CAD
Total Assessment
$1,482,179 CAD
  • Listing ID: 41267538

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 18 Sherman St, Hartford, CT 06105

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