38-40 Redding Street

Hartford, CT 06114
Beds
34
Baths
12
Square Ft.
5,643
$1,500,000
Exceptional opportunity to acquire a 13-unit mixed-use portfolio with 9% CAP rate, consisting of two solid brick assets totaling 13 units (12 residential + 1 commercial) across two buildings. Combined square footage of approximately 13,579 SF with a strong unit mix and in-place cash flow, plus additional upside potential. 38Read MoreRead Less
Courtesy of Oxford Realty Amanda Faroni-Sheehan 203-314-4219
Listing Snapshot
Days Online
1
Last Updated
Property Type
5 Family+
Beds
34
Full Baths
12
Square Ft.
5,643
Lot Size
0.12 Acres
Year Built
1926
MLS Number
24177578
30 Days Snapshot Of 06114
$234k
-12%
(avg) sold price
4
+33%
homes sold
57
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished
Building
New Construction Type: No/Resale, Built in 1926, Units on different Floors, Units are Side-by-Side
Community
Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
Cooling
None
Disclosures
Radon Mitigation Air YNU: No, Radon Mitigation Water YNU: No
Expenses
Gross Annual Expense: 66766
Exterior Features
Sidewalk, Porch, Lighting, Brick
Foundation
Masonry, Stone
Heating
Natural Gas, Hot Water
Income
Gross Annual Income: 213300, Net Operating Income: 135869
Laundry
Laundry Room Location: 89 Barbour St - laundry hookups in units, Washer/Dryer Some Units
Lot
0 acres, Corner Lot, Level Lot
Property
5643 heated sqft above grade, 5643 total sqft, Not Applicable
Roof
Flat
Sewer
Public Sewer Connected
Taxes
Year: July 2025-June 2026
Utilities
Hot Water: {Natural Gas, Tank Size Unknown
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Christopher Penner
CEO / Realtor
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