6-Unit Multifamily
38-40 Redding Street, Hartford, CT 06114
For Sale
$675,000
Six two-and-a-half-bedroom apartments are separately metered for gas and electricity, with tenants paying those utilities.
Property Size5,643 SF
Price / SF$119.62
Days on Market50
Property Features for 38-40 Redding Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Net Operating Income
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Tenant in Place
Amenities
Sidewalk
Lighting
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Oxford Realty
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328
(203) 314-4219
Source:
Cappellorealty
Added: Sep 19
Changed: Nov 7
Last Checked: Nov 7 at 8:13PM
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
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Investment Insights
Based on property information with market context.
At 38-40 Redding Street, this 6-unit multifamily property contains 5,643 square feet and was built in 1926. Each apartment has 2.5 bedrooms and one bathroom. Interior finishes include hardwood, LVP and tile flooring, with updates to some kitchens and bathrooms. The property is zoned NX-1.
Gas and electric service are separately metered, and tenants pay those utility costs. There is no on-site laundry, and parking is on the street. All six units are occupied.
Gas and electric service are separately metered, and tenants pay those utility costs. There is no on-site laundry, and parking is on the street. All six units are occupied.
Key Highlights
- Six apartments, each with 2.5 bedrooms and 1 bathroom
- 5,643 SF multifamily property built in 1926
- 100% occupied
Property Analytics
Lease Details
6
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,301
Businesses Nearby
Explore this area
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
$228,300
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Hartford, CT
Properties on Market for Apartment buildings in Hartford
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Six two-and-a-half-bedroom apartments are separately metered for gas and electricity, with tenants paying those utilities.
Where is this apartment building located?
The property is located at 38-40 Redding Street Hartford, CT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six apartments, each with 2.5 bedrooms and 1 bathroom; 5,643 SF multifamily property built in 1926; 100% occupied
