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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
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

Property Taxes

Parcel Number
HTFD-000228-000547-000007
Land Assessment
$109,873 CAD
Improvements Assessment
$420,320 CAD
Total Assessment
$530,193 CAD
  • Listing ID: 40510577

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 36-38 School St, Hartford, CT 06106

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