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For sale
  • Price cut: $100K (7/14)
    $1,450,000

    38-40 Brown Street, Hartford, CT 06114

    30beds
    5,541sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire a 12-unit multifamily portfolio consisting of two 6-family properties located at 196 Park Street and 38 Brown Street in Hartford, Connecticut. Offering immediate scale, strong in-place cash flow, and operational efficiencies, this package is ideal for investors seeking a larger multifamily asset in one of Connecticut's strongest rental markets. The portfolio features a desirable mix of six 3-bedroom units and six 2-bedroom units, appealing to a broad tenant base and supporting long-term occupancy. Both properties benefit from tenant-paid utilities, off-street parking, public water and sewer, and gas heat, helping to minimize operating expenses and maximize investor returns. Currently operating at strong occupancy levels, the portfolio offers additional upside through continued rent growth and stabilization to market rents. The combination of larger family-sized units and Hartford's ongoing demand for affordable workforce housing creates a compelling long-term investment profile. Conveniently located near downtown Hartford, major employers, hospitals, universities, public transportation, and interstate highways, the properties benefit from excellent accessibility and a deep tenant pool.
    47 days
    |
    229
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Connor T. Wenchell (860)343-7800,

    VC Property Group, LLC 860-300-3102

    Source: Smart MLS,MLS#: 24179656MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 30
      • Bathrooms: 12
      • Full bathrooms: 12
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater, Water Heater
      Features
      • Basement: Full
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 5,541
      • Total interior livable area: 5,541 sqft
      • Finished area above ground: 5,541

      Property

      Parking
      • Total spaces: 10
      • Parking features: Paved, Off Street
      Lot
      • Size: 0.28 Acres
      • Features: Level
      Details
      • Parcel number: 596841
      • Zoning: NX-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors,Units are Side-by-Side
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Stone
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: South End
      HOA
      • Has HOA: No
      Location
      • Region: Hartford

      Financial & listing details

      • Price per square foot: $262/sqft
      • Tax assessed value: $266,910
      • Annual tax amount: $37,233
      • Date on market: 6/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/14/2026Price change$1,450,000-6.5%$262/sqft
        Source: Smart MLS #24179656 Report a problem
        6/1/2026Listed for sale$1,550,000$280/sqft
        Source: Smart MLS #24179656 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South End

        Getting around

        83 / 100
        Very Walkable
        42 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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