Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Hartford Stabilized + Upside Portfolio 2 Properties Offered at $2,461,554 CAD in Hartford, CT

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Recent Capital Improvements
  • Minimal near-term capital expenses—turnkey investment
  • Separately metered utilities
  • Strong value-add potential through tenant turnover and rent growth
  • Large units with strong tenant demands

Executive Summary

Two-property multifamily portfolio located in Hartford, CT. Both assets have undergone recent renovations, including updated interiors, improved building systems, and new boilers, minimizing deferred maintenance and near-term capital expenditures. The properties are currently occupied with low vacancy, providing stable in-place cash flow from day one.
This offering presents a strong value-add component with projected upside to an 11% cap rate through strategic rent increases and natural tenant turnover. With solid rental demand and major capital improvements already completed, the portfolio offers a balanced opportunity for investors seeking both dependable current income and long-term NOI growth.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $2,461,554 CAD
Price / SF $152.45 CAD / SF
Cap Rate 8.50%
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
Retail 7,936 SF 1930 -
Show More > < Show Less
  • Listing ID: 39449044

  • Date on Market: 2026-02-15

  • Last Updated:

  • Address: Hartford Stabilized + Upside Portfolio, Hartford, CT

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}