32-48 Huntington St, Hartford, CT 06105

This exceptional investment opportunity presents a 68-unit multifamily property situated in Hartford, Connecticut's desirable Asylum Hill neighborhood. The property comprises five adjacent brick buildings and a vacant lot, totaling 74,000 square feet, and is offered at $5,599,000. The diverse unit mix includes one four-bedroom townhouse, twenty-two three-bedroom townhouses, nineteen two-bedroom ranch-style units, eleven one-bedroom ranch-style units, and fifteen studio apartments. Sixteen units boast two full bathrooms. Substantial renovations have been undertaken, encompassing the modernization of over 25 units with contemporary finishes and the complete overhaul of common areas, with new entry doors pending installation. The property benefits from significant recent capital improvements, including new circular pumps, water heaters, and roof replacements on select buildings, along with boiler upgrades. Convenient amenities include secured entry with pass card systems, a recently paved, large fenced parking lot, modern laundry facilities, updated electrical systems, and an on-site office. Its strategic location near Hartford Insurance and St. Francis Hospital ensures strong occupancy potential. Built in 1968, this asset offers a compelling blend of established infrastructure and recent upgrades, presenting a strong return on investment. The property is located at 32-48 Huntington Street, Hartford, CT 06105.