277-281-283 Wethersfield Avenue, Hartford, CT 06114
Local realty services provided by:ERA Treanor Real Estate
277-281-283 Wethersfield Avenue,Hartford, CT 06114
$1,200,000
- 24 Beds
- 6 Baths
- 7,458 sq. ft.
- Multi-family
- Active
Listed by: enrique quintana, carmen valeria palacios-quintana(860) 967-7829
Office: premier properties of ct(860) 756-0980
MLS#:24177210
Source:CT
Price summary
- Price:$1,200,000
- Price per sq. ft.:$160.9
About this home
Great investment opportunity in the highly desirable South End! This unique offering includes two buildings on the same lot, providing both immediate cash flow and excellent future income potential. 281-283 Wethersfield Ave features 6 well-maintained units, each offering 4 bedrooms and 1 bathroom, with a total of 7,458 sq ft. The property is fully rented, with most tenants on leases and paying approximately $1,850 per month. Tenants are responsible for their own gas heat, hot water, and electricity, helping keep operating expenses low. The building currently generates approximately $125,400 in gross annual income and delivers strong, consistent cash flow with an attractive cap. 277 Wethersfield Ave offers an exciting value-add opportunity. This 10,692 sq ft building is currently under rehab and has approved plans for 12 two-bedroom units. Major framework has already been completed, and building plans are attached. Once finished, the units are projected to rent for approximately $1,400 per month each, with an estimated gross annual income of about $201,400. A rare chance to own a high-income, multi-building investment property with both stable current returns and significant upside potential!...
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Home facts
- Year built:1900
- Listing ID #:24177210
- Added:1 day(s) ago
- Updated:May 22, 2026 at 11:30 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:36
- Basement Description:Full Basement
- Living area:7,458 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:7,458 sq. ft.
- Lot area:0.05 Acres
- Lot Features:Level Lot
- Construction Materials:Brick
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.:$160.9
- Tax amount:$19,161 (July 2023-June 2024)
Parking
- Total parking spaces:12
- Parking description:Parking Lot
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