38-40 Redding St - Apartments FOR SALE


Hartford, CT 06114- South End
$675,000 USD
203-314-4219
38-40 Redding St, Hartford, CT for Sale
$675,000 USD
Apartments - FOR SALE
1/5
null | 8.38% Cap Rate

38-40 Redding St
Hartford, CT 06114
South End


HIGHLIGHTS

  • South End
  • All 2.5 Bed, 1 Bath Units
  • 100% Occupied
  • Separate & Tenant Paid Utilities
  • 8+% CAP
  • Convenient Location for Tenants

OVERVIEW

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, LVP and tile throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid (gas and electric). No on-site laundry; on-street parking. The property is 100% occupied, delivering stable, in-place income. Well-suited for investors seeking scale, functional unit layouts, and multiple income streams across established rental markets.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

8.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8+% CAP, South End Multi

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,126 SF

ZONING

R3

APN/PARCEL ID

HTFD-000252-000681-000213

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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