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Brick Three-Family with 3-Car Garage
For Sale
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Pending

137 Babcock St, Hartford, CT 06106

Three-family brick property with 3-car detached garage and separate, tenant-paid utilities for gas heat and hot water.

Property Size4,275 SF
Days on Market143

Property Features for 137 Babcock St

General Information

Standard status Pending
Size 4,275 SF
Total Parking Spaces 3
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 11%
Highway Access Yes
Multifamily Units 3

Amenities

pantry
laundry hook-ups

Building Details

Construction brick
Tenancy Multi
Listing Agency: OXFORD REALTY
Listed By: Amanda Faroni-Sheehan · License #REB.0793328 CT
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Aug 29 at 10:50PM

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 OXFORD REALTY

Investment Insights

Based on property information with market context.

This brick three-family features three sizable apartments, each described as approximately 1,425 square feet with four bedrooms, one bathroom, a living room, eat-in kitchen with pantry, and laundry hook-ups. The property is reported as 100% occupied, with various interior updates and updated electrical service to circuit breakers. Public remarks also note separate utilities that are tenant paid, including gas heat and hot water.

A detached three-car garage is located in the back and is described as generating additional income, along with off-street parking/driveway. The property is listed at 137 Babcock St, Hartford, with convenience to highways and public transportation, and is described as being blocks from CT Children’s Medical Center, Pope Park, and the South Green.

According to the listing remarks, investors are being presented a turn-key, low-maintenance income property with reported returns, including an 11% CAP rate and 21% ROI.

Key Highlights

  • Huge brick three‑family with large units of approx. 1,425 SF each
  • Each unit offers 4 beds, 1 bath, LR, EIK with pantry, and laundry hook‑ups
  • 100% occupied with gas heat and hot water; utilities are separate and tenant paid

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Electrical Service Pet Store & Service Restaurant Catering Service

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,359
Businesses Nearby

Demographics for 06106, CT

38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
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?
Triplex - Three-family brick property with 3-car detached garage and separate, tenant-paid utilities for gas heat and hot water.
Where is this triplex located?
The property is located at 137 Babcock St Hartford, CT.
What are key features of this property?
This property features: Huge brick three‑family with large units of approx. 1,425 SF each; Each unit offers 4 beds, 1 bath, LR, EIK with pantry, and laundry hook‑ups; 100% occupied with gas heat and hot water; utilities are separate and tenant paid
(203) 314-4219 Call to check price and availability
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