Presenting 57 Sumner Street, an outstanding 80-unit apartment community located in the heart of Hartford’s Asylum Hill neighborhood.
Built in 1970 with solid steel frame construction and concrete floor plates, this well-maintained property offers investors a rare combination of architectural character, modern amenities, and significant value-add potential. The building features a highly desirable unit mix, including 18 spacious studio apartments, 29 one-bedroom units, 32 two-bedroom units, and a unique three-bedroom, three-bathroom penthouse that serves as the property's crown jewel.
Each residence highlights exposed brick interior walls, combining industrial charm and contemporary appeal. Private balconies add to the living experience, offering outdoor space for residents in an urban setting. Approximately 80% of the units have been tastefully renovated, with the remaining units providing a clear path for future upgrades and rental growth. Residents benefit from a secure parking garage and the convenience of separately metered electricity, minimizing operating expenses for ownership.
57 Sumner Street represents a compelling opportunity to acquire a stable, income-producing asset with additional upside through continued renovations and optimized management. Its strategic location, strong physical infrastructure, and modernized interiors make this a prime investment in Hartford’s multifamily market.