155-157 Seymour St Hartford, CT 06106
Sixteen residential units near Hartford Hospital with high-yield potential.
Lot size:
0.50 AcresProperty Features for 155-157 Seymour St
General Information
- Property type
- Multi Family
- Standard status
- Active
- Lot size
- 0.50 Acres
Building Details
- Year built
- 1910
Source:
Elliman
Listing Agent: Michelle Lorenzetti
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hartford Multifamily Investment Opportunity
This multifamily portfolio features 16 residential units across three buildings located at 155-157, 159, and 161 Seymour Street in Hartford's South Green medical corridor, near Hartford Hospital. The properties are well-maintained and fully occupied. 155-157 Seymour Street contains three units: two 4-bed/1-bath apartments and one 2-bed/1-bath apartment. 159 Seymour Street contains six units: five 1-bed/1-bath apartments and one efficiency. 161 Seymour Street contains seven units: four efficiencies, two 1-bed/1-bath apartments, and one 2-bed/1-bath apartment. All properties feature gas heat/hot water, and public water/sewer. The portfolio has been well-managed with consistent occupancy and offers rental upside, as current rents remain below Hartford Housing Authority standards. This portfolio is ideal for investors seeking scale, stability, and future appreciation potential in a core medical-employment zone near Hartford Hospital, Downtown Hartford, and Trinity College. The projected gross income is $281,500, with a net income of $202,462 and a cap rate of 12.7.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6808116
- Latitude
- 41.7561228
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FAQs
What type of property is this?
Apartment building - Sixteen residential units near Hartford Hospital with high-yield potential.
Where is this apartment building located?
The property is located at 155-157 Seymour St Hartford, CT.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - High-yield investment opportunity: 12.7 Cap Rate and $202,462 Net Income; - Prime location in Hartford's South Green medical corridor, near Hartford Hospital; - Fully occupied, well-maintained portfolio of 16 residential units across three buildings
