Hartford Multifamily Investment
For Sale
$849,999
186 Benton, Hartford, CT 06114
Well-maintained six-family property with strong income potential in Hartford.
Property Size7,242 SF
Price / SF$117.37
Days on Market196
Property Features for 186 Benton
General Information
Standard status
Active
Size
7,242 SF
Property subtype
5 Family+
Building Details
Year Built
1920
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 688-7531
Listed By:
Karen Kvietkauskas · License #RES.0804229
(860) 558-4397
Source:
Lockandkeyre
Added: Apr 9
Changed: Oct 19
Last Checked: Oct 20 at 9:10PM
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 Berkshire Hathaway NE Prop.
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Investment Insights
Based on property information with market context.
Located in Hartford's South End, 186-188 Benton Street is a well-maintained, second-generation owned six-family property. The property offers strong income potential and desirable upgrades throughout. It presents a compelling opportunity to achieve immediate, positive yield with additional upside through continued rent optimization. Based on current income and expenses, the property is projected to operate at an attractive capitalization, with the potential for further expansion as rents are adjusted and ancillary income streams are maximized. All units are rented to stable, long-term tenants. All units have been renovated with updated finishes. Five units have been modified to three-bedrooms for increased rental desirability. Additional features include a new hot water heater, six new boilers, separate tenant-paid utilities, coin-operated washers, off-street parking and secure storage rooms in the basement. The property size is 7242 square feet.
Key Highlights
- Strong income potential with immediate, positive yield.
- Five of six units are renovated three‑bedroom apartments for increased rental desirability.
- All units are rented to stable, long‑term tenants.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,802
Businesses Nearby
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Business Placement
Demographics for 06114, CT
26,257
Population
11,206
Households
2.3
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
4.0 sq mi
ZIP Area
6,564
Density / Sq Mi
$47,905
Median Household Income
$31,996
Median Earnings
$1,296
Median Rent
$228,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained six-family property with strong income potential in Hartford.
Where is this apartment building located?
The property is located at 186 Benton Hartford, CT.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Strong income potential with immediate, positive yield.; Five of six units are renovated three‑bedroom apartments for increased rental desirability.; All units are rented to stable, long‑term tenants.
