160 Lawrence StHartford, CT 06106

  • Commercial real estate
  • 7,236 SF
For Sale
$2,300,000 View listing

Property Details for 160 Lawrence St

Year built
1900
Lot size
0.12 AC
Property size (Sq ft)
7,236 SF
Property type
Commercial real estate

Description

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.

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7606
Longitude
-72.6877

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