621 Farmington Avenue, Hartford, CT 06105
621 Farmington Avenue, Hartford, CT 06105
621 Farmington Avenue, Hartford, CT 06105
621 Farmington Avenue, Hartford, CT 06105
621 Farmington Avenue, Hartford, CT 06105
621 Farmington Avenue, Hartford, CT 06105
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Ilka Torres

Ilka Torres

+1(860) 697-9971
$ 925,000
Est. payment | /mo

3 Beds

2 Baths

23,064 SqFt

Save
$ 925,000
Est. payment | /mo
Save

3 Beds

2 Baths

23,064 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 23,064 sqft

Price per Sqft $40

MLS Listing ID 24197162

Style Units on different Floors,Units are Side-by-Side

Bedrooms 3

Full Baths 2

Year Built 1964

Annual Tax Amount $46,836

Lot Size 0.600 Acres

Property Sub-Type 5 Family+

Property Description

Exceptional redevelopment opportunity in Hartford's desirable West End. This 23,064 SF, two-story office building presents outstanding potential for an office-to-multifamily conversion. The property was previously approved for a 29-unit apartment conversion, providing a significant head start for developers. The approved unit mix consisted of 27 one-bedroom apartments with projected rents of approximately $1,300 per month and 2 two-bedroom apartments with projected rents of approximately $1,500 per month. Situated on approximately 0.60 acres with ample off-street parking (roughly 30+ spaces), the property is ideally positioned for investors seeking to capitalize on Hartford's continued demand for quality rental housing. Redevelopment opportunities of this scale and location are increasingly difficult to find, making this an exceptional value-add development opportunity. The property offers a substantial footprint, flexible floor plan, and a prominent location along Farmington Avenue with convenient access to Downtown Hartford, West Hartford Center, major highways, public transportation, hospitals, and major employers. One or more of this property's owners is a Real Estate Licensee.

Location

State CT

County Hartford

Zoning MX-1

Rooms

Basement Full, Unfinished

Interior

Heating No Heat

Cooling None

Exterior

Exterior Feature Sidewalk, Lighting

Parking Features Paved, Off Street Parking, Unpaved

Waterfront Description Not Applicable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Masonry, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Amanda Faroni-Sheehan • Oxford Realty
Nearby Locations

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Ilka Torres
Ilka Torres

Broker License ID: REB.0794005

+1(860) 697-9971

1939 Broad St, Hartford, CT 06114, USA

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621 Farmington Avenue