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2 Bldgs: 13 Units Mixed-Use w/Cash Flow 2 Multifamily Properties Offered at $2,376,500 CAD in Hartford, CT



Investment Highlights
- Clay Arsenal & South End Locations
- (6) 3 Bed Units + (6) 2.5 Bed Units + 1 Retail/Grocery
- Separate & Tenant Paid Utilities
- 6 Unit Multifamily + 7 Unit Mixed-Use
- Many Unit Updates & Hardwood Floors
- On-Street Parking
Executive Summary
Exceptional opportunity to acquire a 13-unit mixed-use portfolio consisting of two solid brick assets totaling 13 units (12 residential + 1 commercial) across two buildings. Combined square footage of approximately 13,579 SF with a strong unit mix and in-place cash flow, plus additional upside potential. 38 Redding Street is a 6-unit multifamily located in the South End, offering six 2.5-bedroom, 1-bath units with 5,643 SF. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid. No on-site laundry; on-street parking. 89 Barbour Street is a mixed-use property comprised of six 3-bedroom, 1-bath apartments and one adjacent commercial space, totaling 7,936 SF. The property is 100% occupied, delivering stable, in-place income. Residential units offer hardwood flooring, some kitchen and bath updates, and laundry hookups within each unit. Separate, tenant-paid utilities. On-street parking. Together, the portfolio offers a balanced mix of stabilized income and upside through lease optimization and continued improvements. Ideal for investors seeking scale, strong unit layouts, and diversified income in established rental locations.
Property Facts
| Price | $2,376,500 CAD | Status | Active |
| Price / SF | $147.18 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.76% | Total Building Size | 16,147 SF |
| Sale Type | Investment | Total Land Area | 0.37 AC |
| Price | $2,376,500 CAD |
| Price / SF | $147.18 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.76% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,147 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 38-40 Redding St, Hartford, CT 06114 | Multifamily | 8,211 SF | 1926 | - |
|
The Keney
89-93 Barbour St, Hartford, CT 06120 |
Multifamily | 7,936 SF | 1930 | - |
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2 Bldgs: 13 Units Mixed-Use w/Cash Flow
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