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Brick Multifamily Investment Building
For Sale
$675,000

42-44 Redding Street, Hartford, CT 06114

Three-story brick building with six 2-bedroom, 1-bath units, some renovated, plus newer roof and tenant-paid utilities.

Property Size5,643 SF
Price / SF$119.62
Days on Market43

Property Features for 42-44 Redding Street

General Information

Standard status Active
Size 5,643 SF
Property subtype 5 Family+

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Building Details

Year Built 1920
Buildings 1
Stories 3
Construction brick
Listing Agency: Oxford Realty
Listed By: Thuyan Tran · License #REB.0794813
Source: Lockandkeyre
Added: Jul 27 Changed: Sep 6 Last Checked: Sep 7 at 6:27AM

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 is a three-story, cash-flowing brick multifamily building with six units totaling 5,642 SF. All apartments are configured as 2-bedroom, 1-bath homes. Several units have been renovated with updated kitchens, bathrooms, and flooring. The property also features a newer roof and includes separate, tenant-paid utilities with gas heat and hot water.

The building is located in Hartford’s south end. It is within walking distance of Colt Park and offers convenient access to Hartford Hospital, downtown Hartford, public transportation, and I-91.

The combination of in-place income units, unit renovations in select apartments, and tenant-paid utility setup supports straightforward operations for an owner-operator or investor.

Key Highlights

  • 3‑story 6‑unit brick building with five distinctive 2‑bedroom, 1‑bath units and total 5,642 SF
  • Some units have been renovated with updated kitchens, bathrooms, and flooring
  • Newer roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Furniture & Home Goods (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,301
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story brick building with six 2-bedroom, 1-bath units, some renovated, plus newer roof and tenant-paid utilities.
Where is this apartment building located?
The property is located at 42-44 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: 3‑story 6‑unit brick building with five distinctive 2‑bedroom, 1‑bath units and total 5,642 SF; Some units have been renovated with updated kitchens, bathrooms, and flooring; Newer roof
More about this property
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