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36-38 School St
Hartford, CT 06106
Multifamily Property For Sale
·
12 Units


Executive Summary
Well-maintained 12-unit multifamily investment opportunity located in Hartford's Barry Square neighborhood, just minutes from Hartford Hospital and Connecticut Children's Medical Center. This well-maintained 3-story property features twelve one-bedroom units totaling approximately 8,232 square feet on a 0.28-acre lot. Built in 1927, the asset offers a strong unit mix with consistent rental demand driven by its proximity to major employment centers, healthcare institutions, and Trinity College. The walkable location provides easy access to public transportation, downtown Hartford, shopping, and amenities, making it highly attractive to tenants seeking convenience and affordability. This property presents a compelling opportunity for investors seeking stable cash flow with long-term upside, including potential for rent growth through strategic management and improvements. This asset reflects strong investor activity in the area. Ideal for both seasoned and entry-level investors, this is a solid income-producing property in a growing Hartford rental corridor with immediate returns and long-term appreciation potential.
Property Facts
| Price Per Unit | $144,808 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 7% | Building Size | 10,662 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | Parking Ratio | 1.7/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | NX-2 - Apartment | ||
| Price Per Unit | $144,808 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 10,662 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Parking Ratio | 1.7/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | NX-2 - Apartment |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Property Taxes
| Parcel Number | HTFD-000228-000547-000007 | Improvements Assessment | $420,320 CAD |
| Land Assessment | $109,873 CAD | Total Assessment | $530,193 CAD |
Property Taxes
Parcel Number
HTFD-000228-000547-000007
Land Assessment
$109,873 CAD
Improvements Assessment
$420,320 CAD
Total Assessment
$530,193 CAD
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