137-139 Babcock Street
Hartford, Connecticut

Description:

Welcome to 137-139 Babcock St., Hartford-a rare chance to own a high-performing, cash-flowing 3-family with immediate income and a double-digit cap rate. Each of the three oversized units features 4 bedrooms and 1 bathroom with rents already near market value, offering strong day-one returns and long-term stability. Updated kitchens and bathrooms, select stainless steel appliances, oversized walk-in pantries, soaring ceilings, exposed brick, and private rear decks/balconies create highly desirable living spaces that help drive tenant demand. This asset has been well maintained with major capital improvements already completed, including a new roof (2024), newer windows, and hot water heaters replaced in 2018, 2022, and 2025. Separate, tenant-paid utilities keep operating expenses low and maximize your bottom line. Additional value includes exterior security cameras, off-street parking, and a detached 3-bay garage. Whether you're looking to expand your portfolio or secure a true cash cow, this is the kind of investment that checks every box-strong in-place cash flow, low maintenance, and outstanding long-term upside. Opportunities like this don't come around often!

Listing Courtesy of Century 21 AllPoints Realty