160 Lawrence St Hartford, CT 06106
This exceptional investment opportunity comprises two six-unit brick buildings totaling twelve units, strategically located in Hartford, Connecticut. Situated at 160 Lawrence Street and 18 S Whitney Street, these properties offer a compelling blend of strong cash flow and prime location within desirable neighborhoods. The buildings boast a consistent unit mix, featuring twelve three-bedroom, one-bathroom apartments. Each unit benefits from separate utility meters for gas heating and hot water, as well as individual electric meters, ensuring efficient tenant management and cost allocation. Tenants are responsible for their own utilities. Both buildings feature durable brick exteriors, providing low-maintenance appeal. On-street parking is available for residents. The properties are conveniently located near Downtown Hartford, Hartford Hospital, UConn Health, CTfastrak, major highways, and public transportation, providing tenants with easy access to employment centers, healthcare facilities, and a vibrant urban lifestyle. The surrounding areas offer a wealth of shopping and dining options. This turnkey investment presents a rare opportunity to acquire a well-maintained, high-yielding multifamily portfolio in a thriving Connecticut city. The 0.12-acre lot at 160 Lawrence Street provides ample space for the building. The combined square footage of both buildings totals 7,236 square feet. The asking price for this exceptional investment is $2,300,000. Appointments are required for property viewings.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.