Farmington Avenue
Hartford, Connecticut
$1,350,000 Price
12 Bedrooms  

264 Farmington Avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! An exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain...

264 Farmington Avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! An exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain the Green Apple Grocery store as an anchor tenant for over 15 years. The second commercial unit is currently occupied by the owner as an office, but it has a full bathroom and can be outfitted for a variety of other business needs. Central heating systems, towering 9-foot tall ceilings, and spacious residential units provide ample square footage to achieve proforma rents between $1,400-$1,800 per month. Fill or occupy the office, keep the Green Apple on their current lease, and pursue an attainable lease-up strategy for the residential units and this property will demand an after repair value over $1.5M.

Listing courtesy of Vc Property Group Llc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Hartford, Connecticut
Type: House
Price: $1,350,000
Re Tax: $32,153
Last Updated: 3/6/2025
Approx. sqft: 12,414 sf
Web ID: 24069414

Info & Amenities

Type: Multi Family
Rooms: 31.0
Bedrooms: 12
Bathrooms: 9.5
Built: 1928