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$ 599,999
Est. payment | /mo
3 Baths
1.93 Acres Lot
$ 599,999
Est. payment | /mo
3 Baths
1.93 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24077320
Full Baths 3
Year Built 1913
Annual Tax Amount $115,595
Lot Size 1.930 Acres
Property Description
Excited to present 11 Charter Oak Place, a well-priced adaptive reuse opportunity in one of Hartford's most historic and sought-after neighborhoods. Adjacent to a stunning row of brownstones selling for $225K-$315K, this former convent has city-reviewed plans for conversion into 16 residential units: one 2-bed (860 SF), eight 1-beds (582 SF), and seven studios (438 SF). The local rental market supports strong pricing. Nearby 500-700 SF units at 37 Charter Oak Place rent for $1,250/month with average finishes, while new 1-beds achieve $1,650. Studios (330-466 SF) rent for $1,300-$1,380, and 2-beds command ~$1,800/month. Located in the Charter Oak Place Historic District, the property offers a rare mix of charm and modern convenience, just a short walk to Downtown Hartford, major employers, and cultural attractions-ideal for young professionals and renters seeking character-rich residences. This investment benefits from rising values, strong rental demand, and excellent walkability. With city-reviewed plans and a proven rental market, this is a rare chance to capitalize on a well-positioned development in a high-demand area.
Location
State CT
County Hartford
Zoning MX-2
Interior
Heating Gas on Gas
Cooling None
Exterior
Utilities Available Electric, Gas
Roof Type Flat
Building
Lot Description Sloping Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Lisa Cozzi • Century 21 AllPoints Realty
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Ilka Torres
Broker | License ID: REB.0794005