Add Value Commercial Multifamily

38-48 Huntington Street, Hartford, CT

68 Units • $81,691/unit

Est. $42,478 /mo

Get Financing
List Price $5,555,000
Proforma
NOI
$762,868
DSCR
2.29
Cap
14%
ROI
31%

Est. Monthly

$42,478 /mo

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Schedule a showing

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Upcoming Open House

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Listing Details
$5,555,000
Multifamily
Add Value Commercial Multifamily

38-48 Huntington Street, Hartford, CT

68 Units . $81,691/unit

$5,555,000

Listed By
Lisa Cozzi

The Lisa Cozzi Team at Century 21 AllPoints Realty

REB.0756577

Est. Monthly

$42,478 /mo

Get Financing

Interested in this property?

Schedule a showing

Request

Upcoming Open House

RSVP
Property Snapshot
100% Proforma
Property Type
Multifamily
Building(s)
5
Sqft
61150 sqft
Parcel(s)
6
Lot Size
1.32 acres
Year Built
1968
Property Description

VALUE-ADD OPPORTUNITY IN PRIME ASYLUM HILL LOCATION! Bring new life to these classic brick buildings-5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear. Rarely does a portfolio of this scale and potential hit the market. Situated on a unified campus, this offering features a diverse unit mix ranging from studios to spacious 3-bedroom townhomes, many of which include 2 full bathrooms. Approximately 25-30 units have already been renovated with modern finishes, while the remaining units present significant upside for investors looking to add value. Additional highlights include laundry rooms in each building, an on-site office, updated electrical with subpanels in every unit, and numerous newer boilers and hot water heaters. Whether you're looking to reposition for long-term cash flow or a new value add project, this is a rare chance to acquire a substantial footprint in a rapidly developing urban market. Savvy investors-don't miss out!

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Water
Public
Sewer
Public
Trash
Owner Paid
Utility Split
Tenant Paid
Disclaimers
Buyer Due Diligence

Listing last updated on October 29, 2026. Buyers should independently verify all property and financial information. Financial metrics are calculated using industry best practices but rely on listing broker inputs and assumptions. Actual results may vary.

Listing Broker Details
Lisa Cozzi

Lisa Cozzi

The Lisa Cozzi Team at Century 21 AllPoints Realty

REB.0756577
Income
Current vs Proforma
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$2,000
3 Bed, 1 Bath
$1,950
3 Bed, 1 Bath
$1,950
3 Bed, 1 Bath
$1,950
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
2 Bed, 1 Bath
$1,600
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
1 Bed, 1 Bath
$1,300
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Bed, 1 Bath
$1,000
Monthly
$104,550
$104,550
Annual
$1,254,600
$1,254,600
Effective Gross Income
Annualized
Gross Income
$1,254,600
$1,254,600
Vacancy - Residential
-$62,730
-$62,730
Effective Gross Income
$1,191,870
$1,191,870
Operating Expenses
Annualized
Property Taxes
$132,922
Insurance
$44,200
Electric
$13,400
Heating
$33,000
Water / Sewer
$41,000
Trash
$15,000
Maintenance
$59,594
$59,594
Management
$59,594
$59,594
Others
$0
Resi Reserves ($/unit)
$17,000
$17,000
Total Expenses
$415,710
$429,002
Leasing Information
Unit
Lease Status
Owner Paid
Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Townhouse
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
💧 🔥 🗑️
Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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Residential
Vacant - Rent Ready
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💧 Water/Sewer ⚡ Electric 🔥 Heat & Hot Water 🗑️ Trash/Recycling 🅿️ Parking
Loan Terms
Scenario Builder
Sale Price
$5,555,000
Loan Term
30 years
Rate
7%
LTV
75%
P&I
$27,718
$27,718
Annualized
$332,618
$332,618
Net Cash Flow
$443,542
$430,250
DSCR at Entry
2.29
Request loan quote from Venture Capital.

Lisa Cozzi

The Lisa Cozzi Team at Century 21 AllPoints Realty

REB.0756577

Lisa Cozzi
Lisa Cozzi
The Lisa Cozzi Team at Century 21 AllPoints Realty

Lisa Cozzi


The Lisa Cozzi Team at Century 21 AllPoints Realty

REB.0756577