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$1,200,000

For Sale

A day ago

277-281-283 Ave, Hartford, CT

House

MLS® 24177210

24 Bed

6 Bath

7458 sqft

12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7458 sqft
Garage 
Taxes $19,161
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $160
MLS® Number 24177210

Property Address: 277-281-283 Wethersfield Avenue, Hartford, CT, 06114

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

Description

Great investment opportunity in the highly desirable South End! This unique offering includes two buildings on the same lot, providing both immediate cash flow and excellent future income potential. 281-283 Wethersfield Ave features 6 well-maintained units, each offering 4 bedrooms and 1 bathroom, with a total of 7, 458 sq ft. The property is fully rented, with most tenants on leases and paying approximately $1, 850 per month. Tenants are responsible for their own gas heat, hot water, and electricity, helping keep operating expenses low. The building currently generates approximately $125, 400 in gross annual income and delivers strong, consistent cash flow with an attractive cap. 277 Wethersfield Ave offers an exciting value-add opportunity. This 10, 692 sq ft building is currently under rehab and has approved plans for 12 two-bedroom units. Major framework has already been completed, and building plans are attached. Once finished, the units are projected to rent for approximately $1, 400 per month each, with an estimated gross annual income of about $201, 400. A rare chance to own a high-income, multi-building investment property with both stable current returns and significant upside potential!
MLS® Number24177210
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

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

Commute

Starting Address
Destination Address
277-281-283 Ave, Hartford, CT

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