1963 Park Street, Hartford, CT 06106
Local realty services provided by:ERA Blanchard & Rossetto, Inc.
1963 Park Street,Hartford, CT 06106
$1,200,000
- 12 Beds
- 12 Baths
- 7,104 sq. ft.
- Multi-family
- Active
Listed by: amanda faroni-sheehan(203) 314-4219
Office: oxford realty
MLS#:24155590
Source:CT
Price summary
- Price:$1,200,000
- Price per sq. ft.:$168.92
About this home
Well-maintained brick apartment building offering current cash flor with significant upside potential. The property features all one-bedroom, one-bath units w/approx. 590 SF each. Units offer functional, open layouts with EIK and living rooms, along with a mix of vinyl flooring and carpet throughout. Select apartments include updated baths with tile finishes and stand-up showers. Major improvements have been completed, including conversion from oil to gas heat in 2025, installation of hardwired smoke detectors throughout (approx. $20,000 investment), and energy-efficient motion-sensor lighting in common hallways to reduce operating costs. Heat and hot water are landlord paid, while the electrical are separately metered and tenant paid. The roof is in good condition and there are many replacement windows throughout. The property includes five off-street parking spaces at the rear, currently generating additional monthly income. Rents are below market, presenting a clear value-add opportunity with a projected 9% pro-forma cap rate. Ideally located in Parkville, with close proximity to downtown, major highways, and within walking distance to restaurants, shopping, and everyday conveniences. A solid investment opportunity with solid recent upgrades and growth potential.
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Home facts
- Year built:1900
- Listing ID #:24155590
- Added:1 day(s) ago
- Updated:February 21, 2026 at 07:47 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Full bathrooms:12
- Living area:7,104 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:7,104 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$168.92
- Tax amount:$29,215 (July 2025-June 2026)
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