660 Farmington Ave 660-662 Farmington Ave 18 Unit Apartment Building $1,550,000 ($86,111/Unit) 7.04% Cap Rate Hartford, CT 06105

Northeast Private Client Group is pleased to present the exclusive listing of 660 Farmington Avenue, an 18-unit apartment community located in the heart of Hartford’s prestigious West End. Situated directly on the West Hartford line, this asset offers investors a rare combination of premier location quality and significant value-add potential. The property is available for purchase individually or as part of a portfolio with 25–27 Imlay Street.
The asset benefits from strong underlying rental demand driven by its proximity to West Hartford Center, major employment nodes, and the University of Connecticut School of Law. The tenant base is consistently strong, attracting young professionals and graduate students who value the area's historic character and walkability.
The property has undergone meaningful capital investment in recent years, with a number of units renovated during current ownership. However, current in-place rents trail the market significantly. With average rents sitting at ~$1,150, and renovated comparables in the immediate vicinity achieving ~$1,600, 660 Farmington Avenue offers a clear path to increased yield. A new owner can capitalize on the completed common area and unit improvements while continuing to push rents to market levels on turnover.