Multifamily Property with Retail
For Sale
Contact for pricing
Pending
78 Burnside Ave, East Hartford, CT 06108
8-unit rooming house includes two first-floor commercial storefronts and off-street parking for eight cars.
Property SizeContact for details
Days on Market132
Property Features for 78 Burnside Ave
General Information
Standard status
Pending
Total Parking Spaces
8
Property subtype
Multifamily
Financials
Cap Rate
7.5%
Business Included
Yes
Additional Details
Multifamily Units
12
Listing Agency:
Century 21 Allpoints Realty Southington
(860) 508-2102
Listed By:
Lisa Cozzi · License #CT REB.0789668
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 17 at 6:39PM
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 Southington
Investment Insights
Based on property information with market context.
This offering combines an 8-unit rooming house with two first-floor commercial storefront spaces. One storefront is occupied by a long-established barber shop, and the second commercial space is available for lease to generate additional income. The property also includes a traditional 4-family component, with two units ready to rent following minor cosmetic upgrades and two additional units needing to be outfitted. Off-street parking is available for up to eight cars.
Located on Burnside Ave in East Hartford, the buildings benefit from a high traffic count along the corridor.
The in-place CAP rate is stated at 7.5%, with an ARV CAP rate of approximately 11% once the assets are brought to their fullest potential through remodeling and updating.
Located on Burnside Ave in East Hartford, the buildings benefit from a high traffic count along the corridor.
The in-place CAP rate is stated at 7.5%, with an ARV CAP rate of approximately 11% once the assets are brought to their fullest potential through remodeling and updating.
Key Highlights
- 8‑unit rooming house with two first‑floor commercial storefronts on Burnside Ave with high traffic count
- Off‑street parking for eight cars
- In‑place CAP rate of 7.5%
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Explore this area
Business Placement
Demographics for 06108, CT
24,201
Population
9,963
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
85%
High-School Grad
8.1 sq mi
ZIP Area
2,988
Density / Sq Mi
$55,766
Median Household Income
$35,801
Median Earnings
$1,161
Median Rent
$218,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit rooming house includes two first-floor commercial storefronts and off-street parking for eight cars.
Where is this apartment building located?
The property is located at 78 Burnside Ave East Hartford, CT.
What are key features of this property?
This property features: 8‑unit rooming house with two first‑floor commercial storefronts on Burnside Ave with high traffic count; Off‑street parking for eight cars; In‑place CAP rate of 7.5%
