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Multifamily Apartment Portfolio

196 Park St Hartford, CT 06106

196 Park St, Hartford, CT, 06106
$1,550,000
For Sale
$1,550,000

Twelve-unit portfolio made up of two six-family properties with a mix of 3- and 2-bedroom units.

Days on Market49

Property Features for 196 Park St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1890
Listing agency VC Property Group, LLC
Listed by Connor T. Wenchell
Source Elliman
Added: Jun 3 Updated: Jul 20 at 8:00PM Checked: Jul 21 at 5:00AM

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 VC Property Group, LLC


Investment Insights

Based on property information with market context.

For sale: a 12-unit multifamily portfolio consisting of two six-family properties. The unit mix totals six 3-bedroom units and six 2-bedroom units. Both buildings include tenant-paid utilities and are supported by public water and sewer, with gas heat throughout. Off-street parking is available, and the portfolio is currently operating at strong occupancy levels.

The properties are located at 196 Park Street and 38 Brown Street in Hartford, Connecticut. The offering notes convenient access to downtown Hartford as well as major employers, hospitals, universities, public transportation, and interstate highways, which can help support a deep tenant pool.

This combination of family-sized and smaller units is designed to serve a broad renter base while maintaining an operational framework supported by tenant-paid utilities and shared utility services via public water and sewer.

Key Highlights

  • 12‑unit multifamily portfolio: two six‑family properties at 196 Park Street and 38 Brown Street (Hartford, CT)
  • Unit mix includes six 3‑bedroom units and six 2‑bedroom units
  • Tenant‑paid utilities plus public water and sewer

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Storage Facility Locksmith Tattoo & Piercing Shop Pet Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Twelve-unit portfolio made up of two six-family properties with a mix of 3- and 2-bedroom units.
Where is this apartment building located?
The property is located at 196 Park St Hartford, CT.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 12‑unit multifamily portfolio: two six‑family properties at 196 Park Street and 38 Brown Street (Hartford, CT); Unit mix includes six 3‑bedroom units and six 2‑bedroom units; Tenant‑paid utilities plus public water and sewer
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