Rare value-add opportunity in Hartford's West End. This 29-unit office-to-apartment conversion is already underway, with all architectural, MEP, survey, and building permits fully approved. The building has been gutted, rough-framed for 12 units, and prepped for plumbing, electrical, HVAC, sprinklers, and interior finishes. Approximately $1.5M in renovations remains to complete the project. The approved unit mix includes 27 one-bedroom units (projected at $1,300/month) and 2 two-bedroom units ($1,500/month), supporting a projected monthly rent roll of $38,100, or $457,200 annually. Located near downtown with off-street parking and strong rental demand, this property offers significant upside for experienced investors or developers looking to take on a value-add conversion. Property is being sold as-is. Showings by appointment only.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
7/17/2025
|
|
YEAR BUILT
|
1964
|
COUNTY
|
Hartford
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Brick, Steel Siding |
| HEAT |
Baseboard, Hot Water, Natural Gas |
| LOT |
0.6 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level |
| PARKING |
Paved |
| SEWER |
Public Sewer |
| TAXES |
46836 |
| WATER |
Public |
| ZONING |
MX-1 |
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Listing courtesy of Santana Realty Group LLC
Copyright Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed to be accurate.
This IDX solution is (c) Diverse Solutions 2025.
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