230 Wethersfield Ave Hartford, CT 06114-1113
This exceptional investment opportunity encompasses a 6,480 square foot commercial property situated on a 0.18-acre lot at 230 Wethersfield Avenue in Hartford, Connecticut. The property consists of two buildings sold together: a well-established rooming house and a newer industrial building. The rooming house, totaling 3,230 square feet, comprises eight residential units currently at 100% occupancy. Three units share a kitchen and bathroom. The newer industrial building offers significant versatility. It features three overhead doors, a spacious warehouse area, a well-appointed office with a reception area, ample storage, and a dedicated meeting room. This building is adaptable to a wide range of uses, including an office building, beauty salon, auto service center, or any other business requiring substantial space and convenient access. The combined properties generate a consistent income stream from a diverse tenant base. Priced at $999,000, this property presents a compelling opportunity for investors seeking a strong return on investment or business owners looking for a strategically located, multi-functional space to own outright. The property's location in the heart of Hartford provides excellent access to transportation and a thriving local market. Don't miss this chance to acquire a valuable and income-producing asset.
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Abbate Joseph Plumbing & Heating HVAC Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
MX-1 · Hartford, CTHartford. Always verify with local authorities before improvements.
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.