See all 21 photos
$1,750,000
Est. payment /mo
30 Beds
12 Baths
5,643 SqFt
New
38-40 Redding Street Hartford, CT 06114
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 5,643 sqft
Price per Sqft $310
MLS Listing ID 24172036
Style Units on different Floors,Units are Side-by-Side
Bedrooms 30
Full Baths 12
Year Built 1926
Annual Tax Amount $18,070
Lot Size 5,227 Sqft
Property Sub-Type 5 Family+
Property Description
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.
Location
State CT
County Hartford
Zoning NX-1
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Sidewalk, Porch, Lighting
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Corner Lot, Level Lot
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Amanda Faroni-Sheehan • Oxford Realty



