For Sale
$2,300,000

160 Lawrence St Hartford, CT 06106

Twelve Units, High Cash Flow, Prime Location

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity comprises two six-unit brick buildings totaling twelve units, strategically located in Hartford, Connecticut. Situated at 160 Lawrence Street and 18 S Whitney Street, these properties offer a compelling blend of strong cash flow and prime location within desirable neighborhoods. The buildings boast a consistent unit mix, featuring twelve three-bedroom, one-bathroom apartments. Each unit benefits from separate utility meters for gas heating and hot water, as well as individual electric meters, ensuring efficient tenant management and cost allocation. Tenants are responsible for their own utilities. Both buildings feature durable brick exteriors, providing low-maintenance appeal. On-street parking is available for residents. The properties are conveniently located near Downtown Hartford, Hartford Hospital, UConn Health, CTfastrak, major highways, and public transportation, providing tenants with easy access to employment centers, healthcare facilities, and a vibrant urban lifestyle. The surrounding areas offer a wealth of shopping and dining options. This turnkey investment presents a rare opportunity to acquire a well-maintained, high-yielding multifamily portfolio in a thriving Connecticut city. The 0.12-acre lot at 160 Lawrence Street provides ample space for the building. The combined square footage of both buildings totals 7,236 square feet. The asking price for this exceptional investment is $2,300,000. Appointments are required for property viewings.

Property Details for 160 Lawrence St

Property type
Commercial real estate
Square Feet
7,236 SF
Year Built
1900
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.76056
Longitude
-72.6877

FAQs

What type of property is this?
Commercial real estate - Twelve Units, High Cash Flow, Prime Location
Where is the commercial real estate located?
The property is located at 160 Lawrence St Hartford, CT.
What is the asking price?
The asking price for this property is $2,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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160 Lawrence St
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