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INVESTMENT HIGHLIGHTS
- Well-priced adaptive reuse opportunity in one of Hartford's most historic and sought-after neighborhoods
- Historic District
- Former convent has city-reviewed plans for conversion into 16 residential units:
EXECUTIVE SUMMARY
Excited to present 11 Charter Oak Place, a well-priced adaptive reuse opportunity in one of Hartford's most historic and sought-after neighborhoods. Adjacent to a stunning row of brownstones selling for $225K-$315K, this former convent has city-reviewed plans for conversion into 16 residential units: one 2-bed (860 SF), eight 1-beds (582 SF), and seven studios (438 SF). The local rental market supports strong pricing. Nearby 500-700 SF units at 37 Charter Oak Place rent for $1,250/month with average finishes, while new 1-beds achieve $1,650. Studios (330-466 SF) rent for $1,300-$1,380, and 2-beds command ~$1,800/month. Located in the Charter Oak Place Historic District, the property offers a rare mix of charm and modern convenience, just a short walk to Downtown Hartford, major employers, and cultural attractions-ideal for young professionals and renters seeking character-rich residences. This investment benefits from rising values, strong rental demand, and excellent walkability. With city-reviewed plans and a proven rental market, this is a rare chance to capitalize on a well-positioned development in a high-demand area.
PROPERTY FACTS Under Contract
| Price | $599,999 | Property Type | Multifamily |
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.93 AC |
| Sale Condition | Redevelopment Project | No. Stories | 3 |
| No. Units | 3 | Year Built | 1913 |
| Zoning | MX-2 - mixed | ||
| Price | $599,999 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 1.93 AC |
| No. Stories | 3 |
| Year Built | 1913 |
| Zoning | MX-2 - mixed |
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Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (77)
PROPERTY TAXES
| Parcel Number | HTFD-000248-000461-000129 | Improvements Assessment | $164,010 |
| Land Assessment | $1,235,990 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
HTFD-000248-000461-000129
Land Assessment
$1,235,990
Improvements Assessment
$164,010
Total Assessment
$1,400,000
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11 Charter Oak Pl
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