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$ 469,900
Est. payment /mo
New
268 Franklin Avenue Hartford, CT 06114
5 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24168559
Full Baths 5
Year Built 1925
Annual Tax Amount $10,845
Lot Size 7,405 Sqft
Property Description
Located in the heart of Hartford's vibrant Franklin Avenue corridor, this 4-unit mixed-use multifamily property offers the perfect blend of commercial income and residential cash flow. The first-floor storefront is currently occupied by a long-established barber shop, while the upper levels feature three thoughtfully designed residential units ranging from one to three bedrooms. Each apartment includes a generous kitchen, in-unit washer hookups, and one full bathroom-except for the spacious three-bedroom unit, which boasts two full baths. This gives the new owner immediate flexibility to occupy the unit themselves or lease it at today's strong market rents. Additional highlights include four detached garages-two currently rented to tenants and two used by the landlord-providing extra income potential and added convenience. With a proven track record of high occupancy and reliable rental income, this turnkey building delivers consistent cash flow in a high-demand rental market. Tenants enjoy easy access to Downtown Hartford, major highways, shopping, dining, and public transportation, making the property highly desirable for both renters and future resale value. Whether you are an experienced investor seeking stable returns or looking to expand your portfolio, 268-270 Franklin Avenue represents a rare opportunity for long-term growth and financial strength.
Location
State CT
County Hartford
Zoning MS-2
Interior
Heating Hot Water
Cooling Heat Pump, Window Unit
Exterior
Utilities Available Electric, Gas, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Paul Signorello • Century 21 AllPoints Realty