1963 Park St | Image 1
New
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$1,200,000

4 hours ago

12 Bed

12 Bath

7104 sqft

5 Parking

MLS® 24155590

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7104 sqft
Garage No
Taxes $29,215
Days Active 0
Lot Size 0.12 acres
Approx. Age 1900
Avg. Price Per Sqft $168
MLS® Number 24155590

Property Address: 1963 Park St, Hartford, CT, 06106-2023

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained brick apartment building offering current cash flor with significant upside potential. The property features all one-bedroom, one-bath units w/approx. 590 SF each. Units offer functional, open layouts with EIK and living rooms, along with a mix of vinyl flooring and carpet throughout. Select apartments include updated baths with tile finishes and stand-up showers. Major improvements have been completed, including conversion from oil to gas heat in 2025, installation of hardwired smoke detectors throughout (approx. $20, 000 investment), and energy-efficient motion-sensor lighting in common hallways to reduce operating costs. Heat and hot water are landlord paid, while the electrical are separately metered and tenant paid. The roof is in good condition and there are many replacement windows throughout. The property includes five off-street parking spaces at the rear, currently generating additional monthly income. Rents are below market, presenting a clear value-add opportunity with a projected 9% pro-forma cap rate. Ideally located in Parkville, with close proximity to downtown, major highways, and within walking distance to restaurants, shopping, and everyday conveniences. A solid investment opportunity with solid recent upgrades and growth potential.
MLS® Number24155590
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1900
BasementFull, Unfinished
DrivewayPaved, Off Street Parking, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 21, 2026List Date
$1,200,000List Price
-End Date
Not Sold YetSold Price

For Rent

Feb 21, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1963 Park St, Hartford, CT

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