155 Seymour
Hartford, CT 06106

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 24 BR
Bathrooms: 16
Pets: Pets Unknown
Area: 10208 sq ft

Financials

Price:$1,600,000
Annual Taxes:$37,879
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Michelle Lorenzetti of Premier Re Group LLC

Outstanding 16 unit investment opportunity in Hartford's fast growing South Green medical corridor.

Description

Outstanding 16 unit investment opportunity in Hartford's fast-growing South Green medical corridor. Prime Hartford Hospital location. This three-building multifamily portfolio is being offered as a package and features a total of 16 residential units across 155-157, 159, and 161 Seymour Street - all well-maintained, fully occupied, and within walking distance of Hartford Hospital. Breakdown of Portfolio: 155-157 Seymour Street: 3 units - two 4-bed/1-bath apartments and one 2-bed/1-bath apartment, 159 Seymour Street: 6 units - five 1-bed/1-bath apartments and one efficiency, 161 Seymour Street: 7 units - four efficiencies, two 1-bed/1-bath apartments, and one 2-bed/1-bath apartment. All properties feature gas heat/hot water, and public water/sewer. The portfolio has been well-managed with consistent occupancy and offers significant rental upside - current rents remain below Hartford Housing Authority standards, allowing room for strong cash-flow growth. The Seymour Street Portfolio presents a rare chance to acquire a stable, high-yield multifamily package in a proven rental corridor near Hartford Hospital, Downtown Hartford, and Trinity College. Ideal for investors seeking scale, stability, and future appreciation potential in a core medical-employment zone. Projected Gross Income: $281,500., Net Income: $202,462 & Cap at 12.7, see details in attachments.

Amenities

  • Elementary School - Sanchez
  • High School - Bulkeley
  • Intermediate School - Per Board of Ed
  • Lighting
  • Porch
  • Sidewalk
  • Thermopane Windows

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