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Stabilized Six-Unit Apartment Building
For Sale
$775,000

62-64 Capen, Hartford, CT 06120

Stabilized six-unit building with renovated units, new gas heat/hot water, and rear paved parking over 1:1.

Property Size6,914 SF
Price / SF$112.09
Days on Market112

Property Features for 62-64 Capen

General Information

Standard status Active
Size 6,914 SF
Property subtype 5 Family+

Additional Details

Business Included Yes
Multifamily Units 6

Building Details

Year Built 1910
Tenancy Multi
Listing Agency: VC Property Group, LLC
Listed By: Connor Wenchell · License #RES.0818692
Source: Lockandkeyre
Added: Jul 2 Changed: Oct 19 Last Checked: Oct 20 at 9:27PM

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 VC Property Group, LLC

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Investment Insights

Based on property information with market context.

This stabilized six-unit apartment building is configured for residential income with peak subsidized rents reported as in place, yielding up to $1,770 for 2-bedroom units and $2,130 for 3-bedroom units. Renovations have been completed in all but one of the six units, with good builder-grade finishes throughout. The property also features new gas-powered heat and hot water units.

A paved lot at the rear of the building provides greater than 1:1 parking. Tenant-paid utilities include gas and electric, with tenants responsible for their own bills.

Overall, the building combines a largely renovated unit mix with updated gas heat/hot water systems and on-site parking capacity suited to tenants’ day-to-day needs.

Key Highlights

  • Six‑unit multifamily building built in 1910
  • All but 1 of 6 units have been renovated with builder‑grade finishes
  • New gas‑powered heat/hot water units

Property Analytics

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby

Demographics for 06120, CT

12,636
Population
5,713
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
73%
High-School Grad
3.5 sq mi
ZIP Area
3,610
Density / Sq Mi
$33,521
Median Household Income
$35,570
Median Earnings
$1,183
Median Rent
$183,000
Median Home Value

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 - Stabilized six-unit building with renovated units, new gas heat/hot water, and rear paved parking over 1:1.
Where is this apartment building located?
The property is located at 62-64 Capen Hartford, CT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Six‑unit multifamily building built in 1910; All but 1 of 6 units have been renovated with builder‑grade finishes; New gas‑powered heat/hot water units
More about this property
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