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23 Marshall St 50 Unit Apartment Building $4,725,000 ($94,500/Unit) 6.95% Cap Rate Hartford, CT 06105



Executive Summary
23 & 27 Marshall Street, Hartford, CT. (2) buildings sold together. 50 total units (25) studio, (25) 1-bedroom. On-site paved surface parking for 50+ cars.
Property Facts
| Price | $4,725,000 | Apartment Style | Low-Rise |
| Price Per Unit | $94,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 6.95% | Building Size | 38,000 SF |
| No. Units | 50 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.32/1,000 SF |
| Zoning | NX-1 - neighborhood mixed use | ||
| Price | $4,725,000 |
| Price Per Unit | $94,500 |
| Sale Type | Investment |
| Cap Rate | 6.95% |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 38,000 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | NX-1 - neighborhood mixed use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 25 | - | - |
| 1+1 | 25 | - | - |
1 1
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | HTFD-000179-000318-000050 | Improvements Assessment | $16,538 |
| Land Assessment | $0 | Total Assessment | $16,538 |
Property Taxes
Parcel Number
HTFD-000179-000318-000050
Land Assessment
$0
Improvements Assessment
$16,538
Total Assessment
$16,538
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23 Marshall St
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