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Hartford Multifamily Investment Opportunity
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46 Allen Pl, Hartford, CT 06106

21-unit multifamily property in Hartford, CT, for sale.

Property Size14,132 SF
Price / SF$141.17
Days on Market143

Property Features for 46 Allen Pl

General Information

Standard status Active
Size 14,132 SF
Property subtype Multifamily
Occupancy 95%
Net Operating Income $166,369

Building Details

Year Built 1964
Year Renovated 2013
Buildings 1
Units 21
Listing Agency: United Multi Family Corporation
Listed By: Richard Cawley · License #MA 134301
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 12 at 10:55AM

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 United Multi Family Corporation

Investment Insights

Based on property information with market context.

Located at 46 Allen Pl, Hartford, CT 06106, this multifamily property presents an investment opportunity. The building, constructed in 1964, spans 14,132 square feet and comprises 21 residential units. Situated in the NX-2 zoning district, the property allows for potential development or value-add opportunities, subject to buyer verification. The property is located in Hartford, with convenient access to employment centers, public transportation, and urban amenities. This property is intended for multifamily and high-rise investors.

Key Highlights

  • Strong income‑generating potential with 21 residential units.
  • Prime urban location in Hartford, CT.
  • Significant value‑add opportunities through strategic improvements.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Travel Agency Locksmith Electrical Service

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

Location Intelligence

Trade Area within ½ mile

4,491
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

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 - 21-unit multifamily property in Hartford, CT, for sale.
Where is this apartment building located?
The property is located at 46 Allen Pl Hartford, CT.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Strong income‑generating potential with 21 residential units.; Prime urban location in Hartford, CT.; Significant value‑add opportunities through strategic improvements.
(617) 529-1141 Call to check price and availability
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