Listing courtesy of Lisa Cozzi (860) 508-2102, CENTURY 21 ALLPOINTS REALTY (860) 263-2121
18-20 Lawrence Street, Hartford, (Frog Hollow), CT, 06106
35 rooms
17 beds
6 Full baths
1890
3updown - Unit(s) per Floor
7,548 sqft
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.
Status:
Under Contract
Town:
Hartford
Type:
Multi-family
Laundry Remarks:
Washer/Dryer Some Units
Units:
6
Zoning:
NX-2
Heating:
Hot Water
Cooling:
None
Basement:
Full
Acreage:
0.23
Est. Taxes:
$15,232
Assessment
$220,920
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
22
MLS #:
24179430
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