137-139 Babcock St, Hartford, CT 06106
- $449,111
- 12
- BD
- 3
- BA
- 4,284
- SqFt
- List Price
- $449,111
- Status
- ACTIVE
- MLS#
- 24189872
- Year Built
- 1880
- Bedrooms
- 12
- Bathrooms
- 3
- Acres
- 0.17
- Living Area
- 4,284
- Neighborhood
- Frog Hollow
Property Description
Welcome to 137-139 Babcock St., Hartford-a rare chance to own a high-performing, cash-flowing 3-family with immediate income and a double-digit cap rate. Each of the three oversized units features 4 bedrooms and 1 bathroom with rents already near market value, offering strong day-one returns and long-term stability. Updated kitchens and bathrooms, select stainless steel appliances, oversized walk-in pantries, soaring ceilings, exposed brick, and private rear decks/balconies create highly desirable living spaces that help drive tenant demand. This asset has been well maintained with major capital improvements already completed, including a new roof (2024), newer windows, and hot water heaters replaced in 2018, 2022, and 2025. Separate, tenant-paid utilities keep operating expenses low and maximize your bottom line. Additional value includes exterior security cameras, off-street parking, and a detached 3-bay garage. Whether you're looking to expand your portfolio or secure a true cash cow, this is the kind of investment that checks every box-strong in-place cash flow, low maintenance, and outstanding long-term upside. Opportunities like this don't come around often!
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Additional Information
- Taxes
- $7,029
- Lot Size
- 7,405
- Heating
- Hot Water
- Cooling System Type
- Ceiling Fan(s), Window/Wall
- Water Source
- Public
- Basement
- Full, Unfinished, Full
- Garage Spaces
- 3
- Parking Spaces
- 5
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Lisa Cozzi from Century 21 AllPoints Realty. (860) 508-2102 (860) 263-2121
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