36-38 School St, Hartford, CT 06106

$1,249,900
12
BD
12
BA
8,232
SqFt

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List Price
$1,249,900
Status
PENDING
MLS#
24170240
Price Change
▼ $150,000 1778571533
Year Built
1927
Style
Other
Bedrooms
12
Bathrooms
12
Acres
0.28
Living Area
8,232
Neighborhood
N/A

Property Description

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.

Additional Information

Taxes
$26,295
Lot Size
12,196
Heating
Hot Water
Cooling System Type
None
Water Source
Public
Basement
Full, Unfinished
Garage Spaces
7
Parking Spaces
12
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Listing courtesy of Shy Grahame from Berkshire Hathaway NE Prop.. (860) 617-1740 (860) 633-3674

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