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    49 Benton St Hartford, CT 06114

    For Sale
    $699,900

    Six-unit property in Hartford's South End with immediate cash flow.

    Lot size:
    0.20 Acres

    Property Features for 49 Benton St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1900

    Source: Century 21 AllPoints Realty Agent Maddy Ceruti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hartford Multifamily Investment Opportunity

    This six-unit multifamily property is located in the South End of Hartford. The brick building offers immediate cash flow with potential for growth. The property features an in-place capitalization rate of over 8%, with all tenants currently up-to-date on payments. Several units have been recently renovated with updated finishes. The roof is 3 years old. Separate, tenant-paid utilities contribute to low management costs. Ample off-street parking is available for tenant convenience. The property has an established tenant base and is well-managed and maintained.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6758286
    Latitude
    41.7472146

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property in Hartford's South End with immediate cash flow.
    Where is this apartment building located?
    The property is located at 49 Benton St Hartford, CT.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Immediate cash flow with **8+% in-place CAP rate**.; - Separate/tenant paid utilities for low management costs.; - **Recently renovated units with updated finishes.**
    (860) 559-0978
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    49 Benton St Hartford, CT 06114
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    Hartford, CT 06114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 Benton St Hartford, CT 06114
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