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5-Unit Victorian Apartment Building
New
For Sale
$579,999

40 Allen, Hartford, CT 06106

A varied unit mix includes a studio and a two-level residence with an attached full bath.

Property Size1,920 SF
Price / SF$116.61
Days on Market5

Property Features for 40 Allen

General Information

Standard status Active
Size 1,920 SF
Property subtype 5 Family+
Lease Term Listing ID: 24217319, Standard Status: Active, MLS Status: Active, Property Subtype: 5 Family+, 3 days on market

Units

Multifamily Units 5
Individually Metered Utilities electricity

Additional Details

Furnished Yes

Building Details

Building Size 1,920 SF
Year Built 1920
Buildings 1
Construction Victorian
Listing Agency: Cornerstone Homes Plus, Inc.
Listed By: Romanee Ives · License #RES.0797418
Source: Iverty
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 3:34PM

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 Cornerstone Homes Plus, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 1920-built, five-unit apartment property contains 4,974 square feet and retains Victorian architectural character. Interior features include hardwood floors, a separate studio, and a residence arranged across two levels with a third bedroom and attached full bath. Four apartments are semi-furnished, and furnishings may remain or be removed at the buyer’s request.

The property is at 40 Allen in Hartford, near Trinity College and Connecticut Children’s Medical Center. Separate electric meters serve the units, and rear off-street parking is available.

Key Highlights

  • Five apartments in a 4,974‑square‑foot, 1920‑built Victorian property
  • Unit mix includes a separate studio and a two‑level apartment with a third bedroom and attached full bath
  • Hardwood floors; four units are semi‑furnished

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

Demographics for 06106, CT

38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A varied unit mix includes a studio and a two-level residence with an attached full bath.
Where is this apartment building located?
The property is located at 40 Allen Hartford, CT.
What is the asking price?
The asking price for this property is $579,999.
What are key features of this property?
This property features: Five apartments in a 4,974‑square‑foot, 1920‑built Victorian property; Unit mix includes a separate studio and a two‑level apartment with a third bedroom and attached full bath; Hardwood floors; four units are semi‑furnished
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