18-20 Lawrence St - Apartments FOR SALE


Hartford, CT 06106- Frog Hollow
$749,111 USD
860-508-2102
18-20 Lawrence St, Hartford, CT for Sale
$749,111 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

18-20 Lawrence St
Hartford, CT 06106
Frog Hollow


HIGHLIGHTS

  • Turnkey 6-Unit Brick Multifamily | Hartford | 100% Occupied Cash flow from day one.
  • Additional features include a huge fenced-in parking lot with ample off-street parking, generating additional income at $50 per space
  • Conveniently located just minutes from major highways, public transportation, shopping, dining, and employment centers

OVERVIEW

Turnkey 6-Unit Brick Multifamily | Hartford | 100% Occupied Cash flow from day one. This fully occupied, all-brick 6-unit multifamily property showcases true pride of ownership and is ready for its next investor. Featuring gross annual rents of $92,040 ($7,670/month), stabilized occupancy, long-term tenants, and significant recent capital improvements, the heavy lifting has already been done. Major updates include a newer roof (2019-2020), six new hot water heaters installed in 2026, and high efficiency tankless boiler combi systems added in 2017. The property offers gas heat and cooking throughout, washer/dryer hookups in select units, recessed lighting in common areas, and attractive gray laminate and wood flooring. Additional features include a huge fenced-in parking lot with ample off-street parking, generating additional income at $50 per space, plus porches and decks for tenant enjoyment. A long-term third-floor tenant of approximately 25 years helps keep an eye on the property and contributes to its well-maintained atmosphere. Current rents are below market, providing future upside potential for investors seeking increased cash flow. Conveniently located just minutes from major highways, public transportation, shopping, dining, and employment centers, this is a rare opportunity to acquire a well-maintained, turnkey asset with immediate income and long-term growth potential.

FOR SALE DETAILS

PRICE

$749,111 USD

PRICE/SF

$99 USD /SF

# OF UNITS

6

PRICE/UNIT

$124,852

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,545 SF

ZONING

R2

APN/PARCEL ID

HTFD-000204-000536-000193

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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