Property History
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 66 Standish Street in Hartford, CT (the “Property”). The three-story building contains six (6) 2-Bedroom/1-Bathroom units with 5,376 square feet of gross living area and 7,798 square feet of gross area. The Property is situated upon a 0.14-acre parcel and offers ample parking behind the Property with a paved lot offering off-street parking spaces.
The Property is positioned within a residential neighborhood of Hartford, offering convenient proximity to downtown, area schools, healthcare facilities, retail centers, and public transportation. The property’s location provides residents with easy access to major employment nodes while also being well-served by nearby amenities that support long-term tenant demand.
TRANSPORTATION & CONNECTIVITY
The Property offers strong access and connectivity, with nearby highways, public transit options, and strategic regional connections that make commuting and travel convenient. The property is close to major Hartford thoroughfares such as I-91 and I-84, allowing for fast access to regional destinations including Downtown Hartford, New Haven, and Springfield.
Residents enjoy abundant public transit, with a very walkable environment and CT Transit bus stops just steps away, so daily errands and city access rarely require a personal vehicle. Nearby transportation hubs like Hartford Union Station and the CTfastrak terminal position 66 Standish St as a well-connected address for seamless travel throughout the city and the region.
APPEALING HARTFORD LOCATION
Residents benefit from proximity to the city’s key amenities and employment centers. The Property sits within a residential neighborhood that provides easy access to downtown Hartford, where tenants can take advantage of a wide range of dining, retail, cultural, and entertainment options. Nearby schools, healthcare facilities, and local shopping corridors further support daily living needs and enhance overall livability.
AREA AMENITIES & DEMAND DRIVERS
The Property benefits from a vibrant mix of area amenities and demand drivers, featuring diverse dining, retail, and entertainment options situated in and around Downtown Hartford and nearby hubs. The property is close to the Front Street District, a lively entertainment area with a variety of restaurants, bars, live music venues, movie theaters, and shopping opportunities, serving both residents and visitors. For unique local shopping experiences, Pratt Street offers charming boutiques and galleries in a historic downtown setting, while larger retail needs can be met at Westfarms Mall in Farmington, a premier shopping destination with over 160 stores including Nordstrom, Macy’s, and Apple.
Near Hartford, West Hartford Center and Blue Back Square form a bustling retail and dining district featuring upscale restaurants such as The Cheesecake Factory and Fleming's Prime Steakhouse, alongside trendsetting shops and cultural events that enhance lifestyle appeal. Hartford’s Department Store Historic District, including landmarks like the G. Fox Building, adds a mix of historic charm with modern retail and dining offerings, often drawing shoppers and tourists for special events and seasonal celebrations.
SEPARATELY METERED UTILITIES
The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for providing city water and sewer, which they pay directly.
DURABLE CONSTRUCTION & OFF-STREET PARKING
The Property features durable brick construction, a highly desirable characteristic for both investors and residents. Brick buildings are widely regarded for their long-lasting quality, structural integrity, and timeless appeal. Unlike wood or siding exteriors, brick requires minimal upkeep over time, making it a cost-effective and low-maintenance choice.
The Property features ample off-street parking to the rear. A large lot with multiple spaces is available for use by tenants.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 27,000 people live within 1 mile of the Property with an average household income of $71,973. Over 137,800 people reside within 3 miles of the Property with an average household income of $81,849.
QUALITY OF LIFE AMENITIES
Quality of life amenities around the Property align with the city’s evolving lifestyle trends, abundant outdoor recreation, and vibrant community events. Hartford is experiencing a transformation that attracts young professionals, families, and retirees seeking affordable living with urban convenience and rich cultural offerings. Residents enjoy nearby parks such as Bushnell Park, America’s oldest publicly funded park, offering green space, walking paths, and hosts to seasonal farmers markets, outdoor concerts, and family-friendly festivals. The city’s investment in riverfront revitalization creates additional opportunities for kayaking, biking, and scenic strolls along the Connecticut River, further enhancing outdoor lifestyle options.
Hartford’s community-driven events include art festivals, food truck rallies, and seasonal celebrations held in parks and downtown areas, fostering social connectivity and local pride. The city’s dynamic food scene offers a mix of casual eateries and upscale dining featuring cuisines ranging from authentic barbecue and Asian fusion to inventive American fare, appealing to diverse tastes. Recreational amenities also extend to sports and fitness with local gyms, walking groups, and access to Hartford’s professional and collegiate sports teams providing entertainment and healthy activity options.
- Turn Key Property
- South End Location!
- Gas H&HW & Cooking
- Nicely Kept Common Areas
- Separate & Tenant Paid Utilities
- Added value : 20.7% ROI . Pro-Forma 12.5+% CA
- South End Location!
Loan History
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