Six-Unit Apartment
For Sale
Contact for pricing
38 REDDING ST, Hartford, CT 06114
Six 2.5-bed, 1-bath units with 100% occupancy and updates throughout, plus on-street parking.
Property Size5,643 SF
Price / SF$124.05
Days on Market66
Property Features for 38 REDDING ST
General Information
Standard status
Active
Size
5,643 SF
Class
D
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
NX-1
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$56,569
Building Details
Year Built
1926
Year Renovated
2023
Buildings
1
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
OXFORD REALTY
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328 CT
(203) 314-4219
Source:
Crexi
Added: Jul 2
Changed: Aug 22
Last Checked: Sep 4 at 9:49PM
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
Investment Insights
Based on property information with market context.
This six-unit apartment building offers all units configured as 2.5-bedroom, 1-bath homes, currently 100% occupied. The property includes unit updates throughout, and it has on-street parking.
The building is located in Hartford, Connecticut. The seller is marketing an 8% cap rate for this property, based on the information provided.
The offering is listed as a for-sale multifamily investment and is noted as being available to be purchased with 89 Barbour St, Hartford, where the combined package is described as mixed-use with a stated 9% cap rate in the public remarks.
The building is located in Hartford, Connecticut. The seller is marketing an 8% cap rate for this property, based on the information provided.
The offering is listed as a for-sale multifamily investment and is noted as being available to be purchased with 89 Barbour St, Hartford, where the combined package is described as mixed-use with a stated 9% cap rate in the public remarks.
Key Highlights
- Six (6) units built in 1926
- All units are 2.5 beds / 1 bath with 100% occupancy
- Unit updates reported throughout
Property Analytics
Property Profile
Current Use
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six 2.5-bed, 1-bath units with 100% occupancy and updates throughout, plus on-street parking.
Where is this apartment building located?
The property is located at 38 REDDING ST Hartford, CT.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Six (6) units built in 1926; All units are 2.5 beds / 1 bath with 100% occupancy; Unit updates reported throughout
