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    Multi-Building Investment Opportunity Title is generated by Realmo AI

    277-281-283 WETHERSFIELD Avenue, Hartford, CT 06114

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    Claim this Listing
    For Sale
    $1,200,000

    MULTI_FAMILY - Hartford, CT

    Property size:
    7,458 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $160/SF
    Added:
    May 21, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 10 at 5:06 am

    Property Features for 277-281-283 WETHERSFIELD Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NX-2
    Bedrooms
    24
    Bathrooms
    6
    Rooms
    Bedroom 23, Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 14, Bedroom 21, Bedroom 3, Bathroom 2, Bedroom 20, Bedroom 13, Bedroom 24, Bathroom 5, Bedroom 5, Bedroom 22, Bedroom 11, Bedroom 15, Bathroom 4, Basement, Bedroom 10, Bedroom 1, Bedroom 19, Bedroom 16, Bedroom 7, Bedroom 9, Bedroom 12, Bedroom 8, Bedroom 18, Bedroom 17
    Parking
    12
    Basement
    Full
    Standard status
    Active
    Size
    7,458 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    19161

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Architectural style
    Other

    We can help!

    Listing Contact
    Enrique Quintana

    Listing agent Enrique Quintana

    Listing office Premier Properties of CT 449 Silas Dean Highway,Ste 201, Wethersfield, CT

    Listing date May 21, 2026

    MLS# 24177210 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑building multi‑family investment on the same lot: 281–283 Wethersfield Ave plus 277 Wethersfield Ave
    • 281–283 Wethersfield Ave: 6 units, each with 4 bedrooms and 1 bathroom; 7,458 sq ft; fully rented
    • 281–283 Wethersfield Ave gross income is approximately $125,400 annually, with tenants paying about $1,850/month
    • Tenants on 281–283 Wethersfield Ave are responsible for their own gas heat, hot water, and electricity
    • 277 Wethersfield Ave: 10,692 sq ft building currently under rehab with approved plans for 12 two‑bedroom units
    • 277 Wethersfield Ave projected rents are approximately $1,400/month per unit, for an estimated $201,400 gross annual income

    Overview

    This unique offering features two buildings on the same lot, presenting an investment opportunity in the South End. The property at 281-283 Wethersfield Ave includes 6 units, each with 4 bedrooms and 1 bathroom, totaling 7,458 square feet. The building is fully rented, with most tenants on leases, generating approximately $125,400 in gross annual income. Tenants are responsible for their own gas heat, hot water, and electricity. The property at 277 Wethersfield Ave, a 10,692 square foot building, is currently under rehab with approved plans for 12 two-bedroom units. Major framework has already been completed, and building plans are attached. Once finished, the units are projected to rent for approximately $1,400 per month each, with an estimated gross annual income of about $201,400. The lot size is 0.05 acres. The property is located in Hartford, CT.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $194.2k $26.04
    − Vacancy −$11.3k −$1.51
    EGI $182.9k $24.53
    − OpEx −$82.3k −$11.04
    NOI $100.6k $13.49
    7,458 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,618 @ 7.0% cap · market cap 8.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.22M
    $1.95M – $2.59M (±1% cap)
    NOI $155,611 @ 7.0% cap · market cap 12.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.673805
    Latitude
    41.748028

    FAQs

    What type of property is this?
    Apartment building - Two buildings with immediate cash flow and future income potential.
    Where is this apartment building located?
    The property is located at 277-281-283 WETHERSFIELD Avenue Hartford, CT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Two‑building multi‑family investment on the same lot: 281–283 Wethersfield Ave plus 277 Wethersfield Ave; 281–283 Wethersfield Ave: 6 units, each with 4 bedrooms and 1 bathroom; 7,458 sq ft; fully rented; 281–283 Wethersfield Ave gross income is approximately $125,400 annually, with tenants paying about $1,850/month
    More about this property
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