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For sale
  • Price cut: $30K (10/17)
    $469,900

    86 Edwards Street, Hartford, CT 06382

    10beds
    4,448sqft
    : 
    $3,683/mo
    Get pre-qualified
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $106/sqft
    $-- HOA

    What's special

    ATTENTION INVESTORS! Rare 5-unit multifamily opportunity directly across from the Hartford Pre-Kindergarten Magnet School campus. Offering immediate cash flow plus significant value-add potential, this property features two 1BR, two 2BR and one 4BR apartment. Four units are occupied, while renovated 2BR Unit 1S is intentionally vacant for showings and ready for immediate lease-up. Four units have been renovated between 2024-2026. Four units feature efficient tankless boilers, with the fifth served by a traditional boiler. Roof is reported to be approximately 3 years old. Current rent roll is $5,825/month including $1,200 attributed to vacant Unit 1S, with seller's market-rent analysis indicating potential gross rents of approximately $7,400-$8,000/month. A major additional feature is the substantial vacant grassy area at the rear of the property, providing potential for additional parking, garages or future development, subject to zoning, municipal approvals and buyer due diligence. Side and rear off-street parking. Sold as-is. One of the parties to the LLC has an active real estate license. Property consists of five residential units: two 1-bedroom apartments, two 2-bedroom apartments and one 4-bedroom apartment. Unit 1N was renovated in 2025; Unit 1S was fully renovated in 2026 and is currently vacant for convenient showings and immediate lease-up; Units 2N and 2S were renovated in 2024. Four of the five units are equipped with efficient tankless boilers, with the remaining unit served by a traditional boiler. Seller's market-rent analysis estimates approximately $1,200-$1,300/month for 1BR units, $1,500-$1,600/month for 2BR units and $2,000-$2,200/month for the 4BR unit. Market rents and future income are projections only and should be independently verified by buyer. The parcel includes a substantial undeveloped grassy area behind the existing building. This additional land may offer value-add possibilities such as expanded parking, garages or future development. Any potential use, subdivision, construction, additional units, parking or other development is subject to zoning, lot requirements, utilities, engineering, municipal approvals and buyer's independent due diligence. Seller makes no representation that any particular future use or development is permitted.
    34 days
    456
    38

    Zillow last checked:

    Listing updated:

    Listed by:

    Nauman Nafees (860)634-2233,

    The Bella Group, LLC 860-868-0639

    Source: Smart MLS,MLS#: 24210094MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Hot Water, Natural Gas
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Tankless Water Heater
      Features
      • Basement: Full
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 4,448
      • Total interior livable area: 4,448 sqft
      • Finished area above ground: 4,448

      Property

      Parking
      • Total spaces: 5
      • Parking features: Driveway, Private, Paved
      • Has uncovered spaces: Yes
      Lot
      • Size: 10,018 Square Feet
      • Features: Level
      Details
      • Parcel number: 609827
      • Zoning: NX-1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 4updown - Unit(s) per Floor,Other
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Green verification: ENERGY STAR Certified Homes

      Community & HOA

      Community
      • Subdivision: Clay Arsenal
      HOA
      • Has HOA: No
      Location
      • Region: Hartford

      Financial & listing details

      • Price per square foot: $106/sqft
      • Tax assessed value: $172,480
      • Annual tax amount: $11,892
      • Date on market: 9/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/17/2026Price change$469,900-6%$106/sqft
        Source: Smart MLS #24210094 Report a problem
        9/28/2026Listed for sale$499,900+177.7%$112/sqft
        Source: Smart MLS #24210094 Report a problem
        9/25/2019Sold$180,000-18.1%$40/sqft
        Source: Public Record Report a problem
        6/1/2019Listing removed$219,900$49/sqft
        Source: Vylla Homes Real Estate #170152215 Report a problem
        1/2/2019Price change$219,900-3.9%$49/sqft
        Source: Carrington Real Estate #170152215 Report a problem
        11/29/2018Price change$228,900-4.2%$51/sqft
        Source: Carrington Real Estate #170104847 Report a problem
        10/6/2018Price change$238,900-4%$54/sqft
        Source: Carrington Real Estate #170104847 Report a problem
        8/22/2018Price change$248,900-0.4%$56/sqft
        Source: Carrington Real Estate #170104847 Report a problem
        7/12/2018Listed for sale$249,900+98.3%$56/sqft
        Source: Carrington Real Estate #170104847 Report a problem
        7/6/2006Sold$126,000$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,892 $172,480
        2024$11,892 $172,480
        2023$11,892 $172,480
        2022$11,892 +112.7%$172,480 +129.2%
        2021$5,590 $75,250
        2020$5,590 $75,250
        2019$5,590 $75,250
        2018$5,590 +3.2%$75,250 +3.2%
        2016$5,415 -1.9%$72,884 -1.9%
        2015$5,519 +122.5%$74,295 +122.6%
        2013$2,480 $33,376 -41.6%
        2012$2,480 $57,150 +58%
        2011-- $36,171 -34.5%
        2010$4,022 -3.6%$55,250 -3.6%
        2009$4,172 -6.5%$57,310 -12.2%
        2008$4,460 -2.7%$65,263 -9.8%
        2007$4,585 -21.3%$72,333 -34.3%
        2003$5,826 $110,100 +42.9%
        2001-- $77,070 -2.3%
        1995-- $78,890
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 06120

        Getting around

        35 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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