Outstanding 16 unit investment opportunity in Hartford's fast-growing South Green medical corridor. Prime Hartford Hospital location. This three-building multifamily portfolio is being offered as a package and features a total of 16 residential units across 155-157, 159, and 161 Seymour Street - all well-maintained, fully occupied, and within walking distance of Hartford Hospital. Breakdown of Portfolio: 155-157 Seymour Street: 3 units - two 4-bed/1-bath apartments and one 2-bed/1-bath apartment, 159 Seymour Street: 6 units - five 1-bed/1-bath apartments and one efficiency, 161 Seymour Street: 7 units - four efficiencies, two 1-bed/1-bath apartments, and one 2-bed/1-bath apartment. All properties feature gas heat/hot water, and public water/sewer. The portfolio has been well-managed with consistent occupancy and offers significant rental upside - current rents remain below Hartford Housing Authority standards, allowing room for strong cash-flow growth. The Seymour Street Portfolio presents a rare chance to acquire a stable, high-yield multifamily package in a proven rental corridor near Hartford Hospital, Downtown Hartford, and Trinity College. Ideal for investors seeking scale, stability, and future appreciation potential in a core medical-employment zone. Projected Gross Income: $281,500., Net Income: $202,462 & Cap at 12.7, see details in attachments.
280 days
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37
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1
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Zillow last checked:
Listing updated:
Listed by:
Michelle Lorenzetti(860)335-0681,
Premier Re Group LLC860-335-0681,
Stanley Gutt860-798-5400,
Premier Re Group LLC
Source: Smart MLS,MLS#: 24134570
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 16
Full bathrooms: 16
Heating
Baseboard, Natural Gas
Cooling
None
Appliances
Included: Gas Water Heater, Water Heater
Laundry: In Unit
Features
Windows: Thermopane Windows
Basement: Full
Attic: Access Via Hatch
Has fireplace: No
Interior area
Total structure area: 10,208
Total interior livable area: 10,208 sqft
Finished area above ground: 10,208
Property
Parking
Total spaces: 15
Parking features: Detached, Paved, Parking Lot, Off Street
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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