$730,000
$749,111
2.6%For more information regarding the value of a property, please contact us for a free consultation.
18-20 Lawrence Street Hartford, CT 06106
17 Beds
6 Baths
7,548 SqFt
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,548 sqft
Price per Sqft $96
MLS Listing ID 24179430
Sold Date 08/05/26
Style 3updown - Unit(s) per Floor
Bedrooms 17
Full Baths 6
Year Built 1890
Annual Tax Amount $15,232
Lot Size 10,018 Sqft
Property Sub-Type 5 Family+
Property Description
Turnkey 6-Unit Brick Multifamily | Hartford | 100% Occupied Cash flow from day one. This fully occupied, all-brick 6-unit multifamily property showcases true pride of ownership and is ready for its next investor. Featuring gross annual rents of $92,040 ($7,670/month), stabilized occupancy, long-term tenants, and significant recent capital improvements, the heavy lifting has already been done. Major updates include a newer roof (2019-2020), six new hot water heaters installed in 2026, and high efficiency tankless boiler combi systems added in 2017. The property offers gas heat and cooking throughout, washer/dryer hookups in select units, recessed lighting in common areas, and attractive gray laminate and wood flooring. Additional features include a huge fenced-in parking lot with ample off-street parking, generating additional income at $50 per space, plus porches and decks for tenant enjoyment. A long-term third-floor tenant of approximately 25 years helps keep an eye on the property and contributes to its well-maintained atmosphere. Current rents are below market, providing future upside potential for investors seeking increased cash flow. Conveniently located just minutes from major highways, public transportation, shopping, dining, and employment centers, this is a rare opportunity to acquire a well-maintained, turnkey asset with immediate income and long-term growth potential.
Location
State CT
County Hartford
Zoning NX-2
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Brick, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Ron Stewart • Houlihan Lawrence WD