Exceptional opportunity to acquire a 13 unit mixed use portfolio consisting of two solid brick assets totaling 13 units 12 residential 1 commercial across two buildings.
| Website: | https://www.nestseekers.com/5447619 |
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| Address: | 38-40 Redding Hartford, CT 06114 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 30 BR |
| Bathrooms: | 12 |
| Area: | 5643 sq ft |
Financials
Price:$1,750,000
Annual Taxes:$18,070
Description
Exceptional opportunity to acquire a 13-unit mixed-use portfolio consisting of two solid brick assets totaling 13 units (12 residential + 1 commercial) across two buildings. Combined square footage of approximately 13,579 SF with a strong unit mix and in-place cash flow, plus additional upside potential. 38 Redding Street is a 6-unit multifamily located in the South End, offering six 2.5-bedroom, 1-bath units with 5,643 SF. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid. No on-site laundry; on-street parking. 89 Barbour Street is a mixed-use property comprised of six 3-bedroom, 1-bath apartments and one adjacent commercial space, totaling 7,936 SF. The property is 100% occupied, delivering stable, in-place income. Residential units offer hardwood flooring, some kitchen and bath updates, and laundry hookups within each unit. Separate, tenant-paid utilities. On-street parking. Together, the portfolio offers a balanced mix of stabilized income and upside through lease optimization and continued improvements. Ideal for investors seeking scale, strong unit layouts, and diversified income in established rental locations.
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Lighting
- Porch
- Sidewalk
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Amanda Faroni-Sheehan of Oxford Realty | |