51 Forbes Street, East Hartford, CT 06108
Local realty services provided by:ERA Key Realty Services
51 Forbes Street,East Hartford, CT 06108
$975,000
- 6 Beds
- 6 Baths
- 2,752 sq. ft.
- Multi-family
- Active
Listed by: derek mahabir(203) 751-1187
Office: northeastpcg, inc(203) 307-1578
MLS#:24205752
Source:CT
Price summary
- Price:$975,000
- Price per sq. ft.:$354.29
About this home
Tour dates available: 9/16 and 9/18. Six-unit, single-story garden-style multifamily investment on nearly a half-acre in East Hartford. Built in 1956, the property offers a unit mix of five one-bedrooms and one flexible efficiency, with on-site coin-op laundry and tenant storage lockers. Off-street parking serves all units. Utilities are individually metered for electric, with seven separate gas meters (one for common areas, one per unit) supplying a central gas-fired heating and hot water system. This setup provides a clear path for a new owner to convert heat and hot water to tenant responsibility, adding further upside. Five of the six units have been fully renovated, offering turnkey interiors with updated kitchens, flooring, and finishes. In-place rents average below current pro forma levels, presenting an attractive mark-to-market opportunity as leases turn over. Ideally located minutes from downtown Hartford and the Connecticut River, with quick access to Interstates 84 and 91. The surrounding area benefits from a strong employment base anchored by a major aerospace manufacturer, along with nearby retail, dining, parks, and transit options. A well-maintained, manageable-scale asset offering both stable current income and meaningful upside for a value-add investor....
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Home facts
- Year built:1956
- Listing ID #:24205752
- Added:7 day(s) ago
- Updated:September 17, 2026 at 11:34 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:17
- Basement Description:Full Basement
- Living area:2,752 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1956
- Building area:2,752 sq. ft.
- Lot area:0.49 Acres
- Lot Features:Lightly Wooded, Secluded
- Architectural Style:Units are Side-by-Side
- Construction Materials:Brick
Schools
- High school:East Hartford
- Elementary school:Franklin H. Mayberry
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$354.29
- Tax amount:$10,443 (July 2026-June 2027)
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