155 Seymour Street Active

Hartford,CT 06106

$ 1600000

24 Beds

16 Baths

10208 SqFt


Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 10,208 sqft

Price per Sqft $156

MLS Listing ID 24134570

Style 3updown - Unit(s) per Floor

Bedrooms 24

Full Baths 16

Year Built 1910

Annual Tax Amount $37,879

Lot Size 0.500 Acres

Property Sub-Type 5 Family+

Property Description

Outstanding 16 unit investment opportunity in Hartford's fast-growing South Green medical corridor. Prime Hartford Hospital location. This three-building multifamily portfolio is being offered as a package and features a total of 16 residential units across 155-157, 159, and 161 Seymour Street - all well-maintained, fully occupied, and within walking distance of Hartford Hospital. Breakdown of Portfolio: 155-157 Seymour Street: 3 units - two 4-bed/1-bath apartments and one 2-bed/1-bath apartment, 159 Seymour Street: 6 units - five 1-bed/1-bath apartments and one efficiency, 161 Seymour Street: 7 units - four efficiencies, two 1-bed/1-bath apartments, and one 2-bed/1-bath apartment. All properties feature gas heat/hot water, and public water/sewer. The portfolio has been well-managed with consistent occupancy and offers significant rental upside - current rents remain below Hartford Housing Authority standards, allowing room for strong cash-flow growth. The Seymour Street Portfolio presents a rare chance to acquire a stable, high-yield multifamily package in a proven rental corridor near Hartford Hospital, Downtown Hartford, and Trinity College. Ideal for investors seeking scale, stability, and future appreciation potential in a core medical-employment zone. Projected Gross Income: $281,500., Net Income: $202,462 & Cap at 12.7, see details in attachments.

Location

State CT

County Hartford

Zoning NX-2

Rooms

Basement Full,Full With Hatchway

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Sidewalk,Porch,Lighting

Parking Features Detached Garage,Paved,Parking Lot,Off Street Parking

Garage Spaces 6.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer In Street

Water Public Water Connected

Schools

Elementary Schools Sanchez

High Schools Bulkeley

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