38-40 Redding Street, Hartford, CT 06114
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
38-40 Redding Street,Hartford, CT 06114
$1,500,000
- 34 Beds
- 12 Baths
- 5,643 sq. ft.
- Multi-family
- Active
Listed by: amanda faroni-sheehan(203) 314-4219
Office: oxford realty(203) 314-4219
MLS#:24177578
Source:CT
Price summary
- Price:$1,500,000
- Price per sq. ft.:$265.82
About this home
Exceptional opportunity to acquire a 13-unit mixed-use portfolio with 9% CAP rate, consisting of two solid brick assets totaling 13 units (12 residential + 1 commercial) across two buildings. Combined square footage of approximately 13,579 SF with a strong unit mix and in-place cash flow, plus additional upside potential. 38 Redding Street is a 6-unit multifamily located in the South End, offering six 2.5-bedroom, 1-bath units with 5,643 SF. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid. No on-site laundry; on-street parking. 89 Barbour Street is a mixed-use property comprised of six 3-bedroom, 1-bath apartments and one adjacent commercial space, totaling 7,936 SF. The property is 100% occupied, delivering stable, in-place income. Residential units offer hardwood flooring, some kitchen and bath updates, and laundry hookups within each unit. Separate, tenant-paid utilities. On-street parking. Together, the portfolio offers a balanced mix of stabilized income and upside through lease optimization and continued improvements. Ideal for investors seeking scale, strong unit layouts, and diversified income in established rental locations....
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Home facts
- Year built:1926
- Listing ID #:24177578
- Added:39 day(s) ago
- Updated:June 30, 2026 at 11:34 AM
Rooms and interior
- Bedrooms:34
- Total bathrooms:12
- Full bathrooms:12
- Rooms Total:61
- Basement Description:Full Basement, Unfinished
- Living area:5,643 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Flat
- Year built:1926
- Building area:5,643 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner Lot, Level Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Brick
- Exterior Features:Lighting, Porch, Sidewalk
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$265.82
- Tax amount:$18,070 (July 2025-June 2026)
Features and amenities
- Amenities:Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
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