231 Hamilton St - Apartments FOR SALE


Hartford, CT 06106- Behind the Rocks
$600,000 USD
413-505-6685
231 Hamilton St, Hartford, CT for Sale
$600,000 USD
Apartments - FOR SALE
1/4
null | 8% Cap Rate

231 Hamilton St
Hartford, CT 06106
Behind the Rocks


OVERVIEW

Mixed-Use Investment Opportunity | 231 Hamilton St | Hartford, CT | CX-1 Zoning Prime mixed-use asset offering strong income potential and flexible CX-1 (Neighborhood Commercial) zoning. The property consists of a restaurant/bar space with a Type 2 commercial kitchen, plus two separate residential apartments totaling five bedrooms, located beside the commercial unit. The commercial space is already built out for food and beverage use, making it ideal for a bar, café, takeout concept, social club, or neighborhood restaurant. The Type 2 kitchen setup supports non-grease-laden cooking operations, providing a cost-efficient entry point for many food concepts. Unlike traditional vertical mixed-use properties, the residential units are positioned adjacent to the commercial space — creating operational separation while still allowing for diversified income streams. This layout can be appealing for both investors and owner-operators seeking privacy between uses. Property Highlights: Mixed-use configuration (Retail + Residential) CX-1 zoning (Neighborhood Commercial) Restaurant/bar space with Type 2 kitchen Two residential apartments | 5 total bedrooms Separate residential layout beside commercial unit Strong income diversification Ideal for investor or owner-operator Strategically located in Hartford with convenient access to major routes and surrounding neighborhood amenities, this property presents an excellent opportunity for stable income with value-add upside.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

3

PRICE/UNIT

$200,000

CAP RATE

8%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

231 Hamilton st

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CX-1

APN/PARCEL ID

HTFD-000160-000488-000051

ASK ABOUT THIS PROPERTY

Roman PantojasOxford RealtyMore Info
413-505-6685

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Roman PantojasOxford RealtyMore Info
413-505-6685

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