478 Prospect Avenue, Hartford, CT 06105

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
#1#2#3
478 Prospect Avenue,Hartford, CT 06105
$1,390,000
Virtual Tour
  • 16 Beds
  • 16 Baths
  • 8,352 sq. ft.
  • Multi-family
  • Pending
Listed by:stanley gutt
Office:premier re group llc
MLS#:24112928
Source:CT

Price summary

  • Price:$1,390,000
  • Price per sq. ft.:$166.43

About this home

High-Yield Multi-Unit Investment on the West Hartford Line: Exceptional opportunity to acquire a well-maintained 12-unit brick building on 478 Prospect Ave., ideally located on the Hartford/West Hartford line. All units are very large 1-bedroom apartments with spacious interiors-highly attractive to tenants and easy to lease. The offering also includes the neighboring property 486 Prospect Ave., formerly used as an architect's office, with additional residential units and untapped potential. Currently generating an almost 8 cap, this investment offers tremendous value-add potential. Rents are currently under market, presenting a clear path to increased cash flow and maximized NOI through strategic rent adjustments and light upgrades. This is a rare chance to secure a high-performing asset in a desirable rental area with strong fundamentals. Agent related. Financials in attachments.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1928
  • Listing Id #:24112928
  • Added:22 day(s) ago
  • Updated:August 15, 2025 at 07:13 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:8,352 sq. ft.

Heating and cooling

  • Heating:Hot Water, Radiator

Structure and exterior

  • Roof:Flat
  • Year built:1928
  • Building area:8,352 sq. ft.
  • Lot area:0.21 Acres

Schools

  • High school:Per Board of Ed
  • Middle school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,390,000
  • Price per sq. ft.:$166.43
  • Tax amount:$30,185 (July 2025-June 2026)
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

New listings near 478 Prospect Avenue