155 Seymour Street
Hartford, Connecticut

Description:

Outstanding 16 unit investment opportunity in Hartford's fast-growing South Green medical corridor. Prime Hartford Hospital location. This three-building multifamily portfolio is being offered as a package and features a total of 16 residential units across 155-157, 159, and 161 Seymour Street - all well-maintained, fully occupied, and within walking distance of Hartford Hospital. Breakdown of Portfolio: 155-157 Seymour Street: 3 units - two 4-bed/1-bath apartments and one 2-bed/1-bath apartment, 159 Seymour Street: 6 units - five 1-bed/1-bath apartments and one efficiency, 161 Seymour Street: 7 units - four efficiencies, two 1-bed/1-bath apartments, and one 2-bed/1-bath apartment. All properties feature gas heat/hot water, and public water/sewer. The portfolio has been well-managed with consistent occupancy and offers significant rental upside - current rents remain below Hartford Housing Authority standards, allowing room for strong cash-flow growth. The Seymour Street Portfolio presents a rare chance to acquire a stable, high-yield multifamily package in a proven rental corridor near Hartford Hospital, Downtown Hartford, and Trinity College. Ideal for investors seeking scale, stability, and future appreciation potential in a core medical-employment zone. Projected Gross Income: $281,500., Net Income: $202,462 & Cap at 12.7, see details in attachments.

Listing Courtesy of Premier Re Group LLC