660-662 Farmington Ave - Apartments FOR SALE


Hartford, CT 06105- West End
$1,550,000 USD
860-420-9775
660-662 Farmington Ave, Hartford, CT for Sale
$1,550,000 USD
Apartments - FOR SALE
1/9
null | 7.04% Cap Rate

660-662 Farmington Ave
Hartford, CT 06105
West End


HIGHLIGHTS

  • Trophy Location: Prime West End location directly on the West Hartford line
  • Ideal Unit Mix: Comprised of 16 one-bedroom and 2 two-bedroom units, an optimal layout for the area’s demographic of young professionals.
  • Portfolio Potential: Available for individual purchase or combined with 25–27 Imlay Street (30 units)
  • Proven Rent Growth
  • Recent Capital Improvements

OVERVIEW

Northeast Private Client Group is pleased to present the exclusive listing of 660 Farmington Avenue, an 18-unit apartment community located in the heart of Hartford’s prestigious West End. Situated directly on the West Hartford line, this asset offers investors a rare combination of premier location quality and significant value-add potential. The property is available for purchase individually or as part of a portfolio with 25–27 Imlay Street. The asset benefits from strong underlying rental demand driven by its proximity to West Hartford Center, major employment nodes, and the University of Connecticut School of Law. The tenant base is consistently strong, attracting young professionals and graduate students who value the area's historic character and walkability. The property has undergone meaningful capital investment in recent years, with a number of units renovated during current ownership. However, current in-place rents trail the market significantly. With average rents sitting at ~$1,150, and renovated comparables in the immediate vicinity achieving ~$1,600, 660 Farmington Avenue offers a clear path to increased yield. A new owner can capitalize on the completed common area and unit improvements while continuing to push rents to market levels on turnover.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

18

PRICE/UNIT

$86,111

CAP RATE

7.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

660 Farmington Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RO2

APN/PARCEL ID

HTFD-000111-000297-000033

ASK ABOUT THIS PROPERTY

Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

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Bradley BallettoNortheast Private Client GroupMore Info
860-420-9775

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