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Huntington Place Apartments 36 Huntington St 68 Unit Apartment Building $5,000,000 ($73,529/Unit) Hartford, CT 06105
Investment Highlights
- 5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear
- This is a rare chance to acquire a substantial footprint in a rapidly developing urban market.
- High Vacancy
Executive Summary
VALUE-ADD OPPORTUNITY IN PRIME ASYLUM HILL LOCATION! Bring new life to these classic brick buildings-5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear. Rarely does a portfolio of this scale and potential hit the market. Situated on a unified campus, this offering features a diverse unit mix ranging from studios to spacious 3-bedroom townhomes, many of which include 2 full bathrooms. Approximately 25-30 units have already been renovated with modern finishes, while the remaining units present significant upside for investors looking to add value. Additional highlights include laundry rooms in each building, an on-site office, updated electrical with subpanels in every unit, and numerous newer boilers and hot water heaters. Whether you're looking to reposition for long-term cash flow or a new value add project, this is a rare chance to acquire a substantial footprint in a rapidly developing urban market. Savvy investors-don't miss out!
Property Facts Under Contract
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Gated
- Walking/Biking Trails
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 22 | - | 1,000 |
| 2+1 | 19 | - | 700 |
| 1+1 | 11 | - | 500 |
| Studios | 16 | - | 300 |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,086,560 | |
| Land Assessment | $596,960 | Total Assessment | $2,683,520 |
Property Taxes
Parcel Numbers
Land Assessment
$596,960
Improvements Assessment
$2,086,560
Total Assessment
$2,683,520
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