150-156 Preston - Apartments FOR SALE


Hartford, CT 06114- South End
$989,000 USD
508-753-9199
150-156 Preston, Hartford, CT for Sale
$989,000 USD
Apartments - FOR SALE
1/24
null | 8.07% Cap Rate

150-156 Preston
Hartford, CT 06114
South End


HIGHLIGHTS

  • 100% Occupied

OVERVIEW

150–156 Preston Street is an eight-unit multifamily property consisting of two side-by-side, standalone four-unit buildings. Located in Hartford, Connecticut, the property is just minutes from Downtown Hartford and the Central Business District, with convenient access to Interstates 84 and 91 providing strong connectivity throughout the Greater Hartford region. Six of the eight units have been recently renovated, offering a mix of in-place upgrades and remaining value-add potential. The property is situated within an established residential neighborhood with a dense population base, access to public transportation, and close proximity to major employment centers, healthcare institutions, and educational facilities, supporting consistent rental demand.

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

8

PRICE/UNIT

$123,625

CAP RATE

8.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,805 SF

ZONING

NX-2

APN/PARCEL ID

HTFD-000253-000672-000156,HTFD-000253-000672-000157

ASK ABOUT THIS PROPERTY

Alexis BrissetteNAI Glickman Kovago & JacobsMore Info
508-753-9199

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Alexis BrissetteNAI Glickman Kovago & JacobsMore Info
508-753-9199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.