38-40 Redding Street, Hartford, CT 06114
38-40 Redding Street, Hartford, CT 06114
38-40 Redding Street, Hartford, CT 06114
38-40 Redding Street, Hartford, CT 06114
38-40 Redding Street, Hartford, CT 06114
38-40 Redding Street, Hartford, CT 06114
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Kristopher Tramont

Kristopher Tramont

+1(860) 884-9511
$ 1,500,000
Est. payment | /mo

34 Beds

12 Baths

5,643 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

34 Beds

12 Baths

5,643 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 5,643 sqft

Price per Sqft $265

MLS Listing ID 24177578

Style Units on different Floors,Units are Side-by-Side

Bedrooms 34

Full Baths 12

Year Built 1926

Annual Tax Amount $18,070

Lot Size 5,227 Sqft

Property Sub-Type 5 Family+

Property Description

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.

Location

State CT

County Hartford

Zoning NX-1

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Cooling None

Exterior

Exterior Feature Sidewalk, Porch, Lighting

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Corner Lot, Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Amanda Faroni-Sheehan • Oxford Realty

Nearby Locations

Kristopher Tramont
Kristopher Tramont

Broker Associate | REB. REB.0794869

+1(860) 884-9511 | kris@kristophertramont.com

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38-40 Redding Street