160 Lawrence St Hartford, CT 06106
- Commercial real estate
- 7,236 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 160 Lawrence St
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 7,236 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6877
- Latitude
- 41.76056
