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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    353 Wethersfield Ave, Hartford, CT 06114

    Individually Owned 1-yr Hold
    Property ID
    US15-1234824
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a six-unit apartment building located at 353 Wethersfield Avenue in Hartford, Connecticut, 06114. The property is a three-story building comprising six individual units, each featuring two bedrooms and one bathroom. Priced at $275,000, this translates to an attractive price per unit of $45,833.33. This represents a compelling entry point into the Hartford multifamily market. The building presents a significant rehabilitation opportunity for a savvy investor. A key advantage for potential buyers is the inclusion of a ten-year tax abatement, substantially reducing property taxes and enhancing the overall return on investment. The property's location in Hartford County provides access to various amenities and transportation networks. The precise latitude and longitude coordinates are 41.7458486, -72.6734231. This property is an excellent chance to acquire a multifamily asset with considerable upside potential, thanks to the rehabilitation opportunity and the substantial tax benefits. The building's solid foundation and existing structure provide a strong base for a value-add strategy. This is an ideal opportunity for investors seeking a hands-on project with significant long-term returns.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US15-1234824
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Michelle Rose · 1 yrs held
    Michelle Rose
    since 2025
    2 recorded transactions
    2025
    $267,500
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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