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$ 1,350,000
Est. payment | /mo
2 Baths
23,064 SqFt
$ 1,350,000
Est. payment | /mo
2 Baths
23,064 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 23,064 sqft
Price per Sqft $58
MLS Listing ID 24112476
Full Baths 2
Year Built 1964
Annual Tax Amount $46,836
Lot Size 0.600 Acres
Property Description
Rare value-add opportunity in Hartford's West End. This 29-unit office-to-apartment conversion is already underway, with all architectural, MEP, survey, and building permits fully approved. The building has been gutted, rough-framed for 12 units, and prepped for plumbing, electrical, HVAC, sprinklers, and interior finishes. Approximately $1.5M in renovations remains to complete the project. The approved unit mix includes 27 one-bedroom units (projected at $1,300/month) and 2 two-bedroom units ($1,500/month), supporting a projected monthly rent roll of $38,100, or $457,200 annually. Located near downtown with off-street parking and strong rental demand, this property offers significant upside for experienced investors or developers looking to take on a value-add conversion. Property is being sold as-is. Showings by appointment only.
Location
State CT
County Hartford
Zoning MX-1
Interior
Heating Baseboard, Radiator, Other
Cooling Window Unit
Exterior
Parking Features Paved, Security
Utilities Available Electric, Electric Available, Gas, Gas Available
Roof Type Flat,Membrane
Building
Lot Description Corner Lot, Level Lot
Sewer Public Sewer Connected, Public Sewer In Street
Water Public Water Connected, Public Water In Street
Listed by Rich Santana • Santana Realty Group LLC
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Andrei Balaj & Camilo Ramirez
Real Estate Agent | Lic# Licensed in Connecticut