$1,700,000
High-Yield 12-Unit Value-Add Multifamily Investment in New London, CT
New London, Connecticut
Soft OfferDowntown Hartford Gem: 8+% Cap Rate Multi-Family Investment
479 Broad Street, Hartford, CT 06106, Hartford, Connecticut 06106
$775,000
$113 / sq ft Listed Jun 17, 2025
12
Beds
6
Baths
6,864 sqft
Building
6,864 sqft
Lot
1910
Built
About this property
Downtown Hartford Gem: 8+% Cap Rate Multi-Family Investment is a multifamily for sale in Hartford, Connecticut, listed at $775,000. Key details: bedrooms 12, bathrooms 6, year built 1910, building size 6,864 sqft. Listed by Lisa Cozzi of Lisa Cozzi Team Century 21 All Points Realty on LoopingCloud and last updated September 3, 2026.
Discover an outstanding opportunity to acquire a fully occupied, income-producing, six-unit brick building boasting an attractive 8+% capitalization rate. Strategically located in one of Hartford's most coveted areas, this property offers unparalleled proximity to the State Capitol, various courthouses, vibrant downtown dining and retail, comprehensive public transit options, and major highway access.
This turnkey asset features spacious, updated two-bedroom units, showcasing a desirable fusion of classic brick exterior charm and modern interior finishes. The efficient design is further enhanced by separate, tenant-paid utilities and a condominium tax classification, maximizing investor cash flow and operational efficiency. Benefiting from a robust rental history and a stable tenant base, this property is situated within a high-demand rental corridor.
Whether you are a seasoned investor or actively seeking to enter Hartford's burgeoning multi-family real estate market, this property fulfills critical investment criteria: prime location, inherent stability, and significant upside potential.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 |
Property details
Key facts
- Bedrooms
- 12
- Bathrooms
- 6
- Year Built
- 1910
- Building Size
- 6,864 sqft
- Lot Area
- 6,864 sqft
- Kitchens
- 1
- Heating & Cooling
- Heating Only
- Property Status
- Normal Sale
- Building Status
- Existing
- Total Units
- 13
Pricing and terms
$113
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $775,000 | - | - | - | - |
Location
Address as shown by the lister.
Get directionsAbout this area - Hartford
- Population
- 40,574
- Housing units
- 15,321
- Land area
- 4.3 sq mi
- County
- Hartford
Frequently asked questions
What is the asking price of Downtown Hartford Gem: 8+% Cap Rate Multi-Family Investment?
Downtown Hartford Gem: 8+% Cap Rate Multi-Family Investment is listed at $775,000. That works out to about $113 per square foot.
Where is Downtown Hartford Gem: 8+% Cap Rate Multi-Family Investment located?
The property is in 479 Broad Street, Hartford, CT 06106, Hartford, Connecticut 06106, Hartford County.
What type of property is this?
This is a multifamily for sale in the residential category.
How big is the property?
The building is 6,864 sqft. The lot is 6,864 sqft.
Who do I contact about this listing?
Lisa Cozzi of Lisa Cozzi Team Century 21 All Points Realty listed this property. Use the Request Info button to send a message or call (860) 508-2102.
When was this listing published?
It was published on June 17, 2025 and last updated on September 3, 2026.
Listing information
- Listing ID
- RL-Connecticut-25654
- Published
- Jun 17, 2025
- Last updated
- Sep 3, 2026
- Views
- 421
- Status
- Sold
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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