851-853 Wethersfield Ave, Hartford, CT 06114 For Sale

TRANSPORTATION & CONNECTIVITY

851–853 Wethersfield Avenue benefits from strong regional connectivity, with direct frontage on a primary north–south corridor leading into downtown Hartford and convenient access to major highways, including Interstate 91 and Route 5/15, which provide quick links to the broader Greater Hartford region and Bradley International Airport. The property is well served by CTtransit bus service along Wethersfield Avenue, including Route 53 – Wethersfield Avenue and additional local routes that connect south Hartford, Wethersfield, and downtown employment centers.

AREA AMENITIES & DEMAND DRIVERS

851–853 Wethersfield Avenue is located in Hartford’s South End, a dense residential corridor supported by neighborhood retail, services, and walkable daily-needs amenities that help drive consistent demand for apartment housing.

The property sits within reach of key employment hubs, including downtown Hartford’s concentration of insurance, healthcare, and government employers, as well as regional medical facilities like UConn Health and Hartford HealthCare sites, supporting a strong base of renters who commute a short distance to major job centers.

UPSIDE POTENTIAL

In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.

DESIRABLE BRICK CONSTRUCTION

The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal.

UTILITIES

The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered heat & hot water, as well as city water and sewer, which they pay directly.

OFF-STREET PARKING

The Property offers ample off-street parking via a lot to behind the complex.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 18,800 people live within 1 mile of the Property with an average household income of $79,188. Over 125,500 people reside within 3 miles of the Property with an average household income of $82,312.

QUALITY OF LIFE AMENITIES

Residents are within a short drive of well-known regional and national restaurants in nearby Wethersfield and downtown Hartford, including concepts like The Capital Grille, Max Downtown, J. Gilbert’s Wood-Fired Steaks & Seafood, and Ruth’s Chris Steak House, providing upscale dining options along with numerous casual chains and quick service brands clustered along the Silas Deane Highway and in the downtown core.

Retail and convenience needs are served by nearby grocery stores, drugstores, and national value and discount chains along Wethersfield Avenue and adjoining commercial arterials, complemented by local markets, bodegas, and specialty shops that cater to daily essentials.

Lifestyle and recreation drivers include proximity to Goodwin Park Golf Course, Wethersfield Cove, Mill Woods Park, and other local parks and trails, which offer outdoor recreation, as well as cultural and entertainment draws such as the Wadsworth Atheneum Museum of Art, Connecticut Science Center, Bushnell Park Carousel, and historic sites in nearby Wethersfield and downtown Hartford.