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Park St 2 Multifamily Properties Offered at $2,024,084 CAD in Hartford, CT

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INVESTMENT HIGHLIGHTS

  • HUGE unit mix
  • VALUE ADD
  • 9+% CAP

EXECUTIVE SUMMARY

Outstanding opportunity to acquire a cash-flowing 12-unit portfolio comprising two adjacent 6-unit brick buildings. The portfolio offers a desirable unit mix of eight 3-bedroom, 1-bath units and four 4-bedroom, 1-bath units. All utilities are separate and tenant-paid, including gas heat, hot water, and individual electric meters. 906 Park has been fully renovated with modern kitchens and updated bathrooms, while 896 Park features a newer roof. Both buildings have received capital improvements, including newer boilers and hot water tanks. On-street parking is available for both properties. Ideally situated at the intersection of Hartford's cultural and economic centers, the portfolio offers immediate access to I-84, close proximity to public transit, and walkability to parks.

PROPERTY FACTS

Price $2,024,084 CAD
Price / SF $95.93 CAD / SF
Cap Rate 9.35%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 21,099 SF
Total Land Area 0.28 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
906 Park St, Hartford, CT 06106 Multifamily 10,689 SF 1908 -
896-898 Park St, Hartford, CT 06106 Multifamily 10,410 SF 1908 -
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  • Listing ID: 37051504

  • Date on Market: 2025-07-31

  • Last Updated:

  • Address: Park St, Hartford, CT

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