89-93 Barbour St, Hartford, CT 06120
- $800,000
- 19
- BD
- 6
- BA
- 7,936
- SqFt
- List Price
- $800,000
- Status
- ACTIVE
- MLS#
- 24188741
- Year Built
- 1930
- Bedrooms
- 19
- Bathrooms
- 6
- Acres
- 0.15
- Living Area
- 7,936
- Neighborhood
- Clay Arsenal
Property Description
Mixed-use investment opportunity offering a 10% CAP rate. The property consists of (6) spacious 3-bedroom, 1-bath apartments, each averaging 1,320 square feet, plus one adjacent commercial grocery space with roughly 400 SF. The property is 100% occupied, providing immediate, stable cash flow. Residential units feature hardwood flooring, laundry hookups, and select kitchen and bathroom updates. All utilities are separately metered and tenant-paid, helping minimize operating expenses. The commercial space provides diversified income while offering long-term investment potential. Located in Hartford's North End with convenient access to Downtown Hartford, Saint Francis Hospital, parks, public transportation, shopping, schools, and major highways. An outstanding opportunity for investors seeking a stabilized asset with strong unit layouts, diversified income, and future upside through continued rent growth and operational improvements.
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Additional Information
- Taxes
- $10,565
- Lot Size
- 6,534
- Heating
- Hot Water
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full
- Exterior Features
- Sidewalk, Porch, Lighting
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Amanda Faroni-Sheehan from Oxford Realty. (203) 314-4219 (203) 314-4219
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