For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

275 Westland St Hartford, CT 06112

For Sale
$5,000,000

Fully occupied 50-unit multifamily property with below-market rents.

Lot size:
0.01 Acres

Property Features for 275 Westland St

General Information

Lot size
0.01 Acres

Building Details

Year built
1959

Source: Coldwell Banker Realty Agent Richard Breglia

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


Overview

Renovated Multifamily Asset with Upside

This is a fully occupied, 50-unit multifamily property, presenting an opportunity for investors. The property consists of three all-brick buildings, containing 20, 15, and 15 units respectively. The unit mix includes 6 townhouses, 8 studios, 6 one-bedroom units, 16 two-bedroom units, and 14 three-bedroom units. Originally constructed in 1959, the property underwent a complete renovation in 2006 with an investment exceeding $4M. Updates include new roofs, windows, plumbing, and electrical systems, featuring 60-amp subpanels for each unit. Kitchens and bathrooms have also been renovated. The property utilizes dual-fuel hot water baseboard heat and tenant-paid electric with electric stoves. Energy-efficient insulation upgrades have been implemented. Resident amenities include three laundry rooms with a charge of $1.50 per load, six ADA-compliant units, a fire alarm system, and secured gated parking with pass card access. An on-site office and storage space are available. The property has strong cash flow potential.
Location Intelligence

Current Use by Public Records

Livingston Charge Port ... Electric Vehicle Charging Station

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
-72.6843179
Latitude
41.791758

FAQs

What type of property is this?
Apartment building - Fully occupied 50-unit multifamily property with below-market rents.
Where is this apartment building located?
The property is located at 275 Westland St Hartford, CT.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: - Fully renovated 50-unit multifamily asset.; - Significant rent growth potential due to below-market rents.; - Turn-key, strong cash flow asset.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message