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Asylum Hill Multifamily Portfolio
For Sale
$5,555,000
Pending

32-48 Huntington St, Hartford, CT 06105

Value-add multifamily opportunity in a prime location.

Property SizeContact for details
Days on Market119

Property Features for 32-48 Huntington St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1968
Stories 3
Listing Agency: Century 21 AllPoints Realty
Listed By: Lisa Cozzi · License #REB.0789668
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 19 at 11:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This offering features five multifamily structures and a vacant lot with gated, shared parking. The unit mix ranges from studios to three-bedroom townhomes, many of which include two full bathrooms. Approximately 25 to 30 units have been renovated with modern finishes, while the remaining units offer opportunities for investors to add value. Each building includes laundry rooms. The property also features an on-site office and updated electrical systems with subpanels in every unit, as well as newer boilers and hot water heaters. The location has a walk score of 92, indicating it is a walker's paradise, a transit score of 80, indicating excellent transit options, and a bike score of 59, indicating it is bikeable. This portfolio is located in the Asylum Hill neighborhood.

Key Highlights

  • Value‑add opportunity with significant upside potential through renovation of existing units.
  • Portfolio of 5 multifamily buildings plus a vacant lot in a prime Asylum Hill location.
  • Diverse unit mix including studios to spacious 3‑bedroom townhomes.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Bakery (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,677
Businesses Nearby

Demographics for 06105, CT

18,803
Population
11,705
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
8,175
Density / Sq Mi
$41,235
Median Household Income
$39,775
Median Earnings
$1,100
Median Rent
$365,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Value-add multifamily opportunity in a prime location.
Where is this apartment building located?
The property is located at 32-48 Huntington St Hartford, CT.
What is the asking price?
The asking price for this property is $5,555,000.
What are key features of this property?
This property features: Value‑add opportunity with significant upside potential through renovation of existing units.; Portfolio of 5 multifamily buildings plus a vacant lot in a prime Asylum Hill location.; Diverse unit mix including studios to spacious 3‑bedroom townhomes.
More about this property
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