Exceptional Multifamily Conversion Opportunity

Lisa Cozzi is the Exclusive Listing Agent for Rare opportunity to own 68 units on one parcel in the Asylum Hill area of Hartford. This offering consists of 5 adjacent, brick buildings and one building lot. The unit mix is: 1, 4 bedroom townhouse; 22, 3 bedroom townhouses; 19, 2 bedroom ranch style; 11, 1 bedroom ranch style; and, 15 studios. 16 of these units have 2 full bathrooms. Since acquisition, the current owner has remodeled the common areas (new entrance doors on order) and renovated 25+ units with modern finishes. This asset was also gutted to the studs approximately 25 years ago. This property has: secured entry with pass card systems, large fenced in parking lot (recently paved), modern laundry rooms, updated electrical, and an onsite office. Recent mechanical upgrades include: buildings 36 & 46 have new circular pumps, building 40 has new water heaters, and buildings 46 & 48 have 5 year old roofs, and a few of the boilers have been replaced. This asset is located near the Hartford Insurance and St Francis Hospital.