32-34 Huntington St Hartford, CT 06105

Property Details for 32-34 Huntington St

Year built

1968

Lot size

0.22 lot acres

Property size

72,932 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity in Hartford, CT, presents 68 units across five attractive brick buildings situated on a 0.22-acre lot at 32-34 Huntington Street. The property totals 72,932 square feet and offers a diverse mix of units, ranging from studios to spacious four-bedroom townhouses, catering to a wide range of tenants. Its prime location in the vibrant Asylum Hill neighborhood provides easy access to public transportation (bus lines), hospitals, and downtown Hartford. Each building features card-operated laundry facilities, enhancing tenant convenience and generating supplemental income. Secure gated parking adds to the property's appeal and provides peace of mind for residents. The electric billing system simplifies management and streamlines operations. Several units are currently vacant, presenting immediate opportunities for new owners to implement their vision, whether it's completing renovations or securing new tenants. The property underwent a complete renovation down to the studs in the 1980s and has seen continuous improvements and modernization since, establishing a strong foundation for future growth and profitability. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a highly desirable Hartford location. The asking price is $5,599,000. This property offers significant potential for long-term appreciation and strong cash flow.