12-Unit Multifamily
38-40 Brown Street Hartford, CT 06114
38-40 Brown Street, Hartford, CT, 06114
$1,550,000
For Sale
$1,550,000
Two 6-unit buildings offer six 3-bedroom and six 2-bedroom apartments with tenant-paid utilities and off-street parking.
Property Size12,669 SF
Price / SF$122.35
Days on Market57
Property Features for 38-40 Brown Street
General Information
- Standard status
- Active
- Size
- 12,669 SF
- Property subtype
- 5 Family+
Building Details
- Year Built
- 1920
Listing agency
VC Property Group, LLC
(860) 343-7800
Listed by
Connor Wenchell
(860) 343-7800
Source
Lockandkeyre
Added: May 28 Updated: Jul 22 at 6:31PM Checked: Jul 22 at 6:31PM
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.
A 12-unit multifamily portfolio comprising two separate 6-unit properties located at 196 Park Street and 38 Brown Street. The combined mix includes six 3-bedroom units and six 2-bedroom units. The properties feature tenant-paid utilities, off-street parking, public water and sewer service, and gas heat.
The portfolio is described as currently operating at strong occupancy levels and includes convenient access to downtown Hartford, major employers, hospitals, universities, public transportation, and interstate highways. Buyers and brokers may view this as a straightforward way to acquire a larger multifamily ownership interest through two clustered buildings with a family-oriented unit mix.
The portfolio is described as currently operating at strong occupancy levels and includes convenient access to downtown Hartford, major employers, hospitals, universities, public transportation, and interstate highways. Buyers and brokers may view this as a straightforward way to acquire a larger multifamily ownership interest through two clustered buildings with a family-oriented unit mix.
Key Highlights
- 12‑unit multifamily portfolio made up of two 6‑unit properties at 196 Park Street and 38 Brown Street in Hartford, CT
- Unit mix includes six 3‑bedroom units and six 2‑bedroom units
- Tenant‑paid utilities can help reduce owner operating expense; public water and sewer are available
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two 6-unit buildings offer six 3-bedroom and six 2-bedroom apartments with tenant-paid utilities and off-street parking.
Where is this apartment building located?
The property is located at 38-40 Brown Street 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 made up of two 6‑unit properties at 196 Park Street and 38 Brown Street in Hartford, CT; Unit mix includes six 3‑bedroom units and six 2‑bedroom units; Tenant‑paid utilities can help reduce owner operating expense; public water and sewer are available
