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31864736
31864737

268 Franklin Avenue, Hartford, CT 06114 For Sale

PS
CT 0767757
Century 21 Allpoints Realty Southington
Listed by Century 21 Allpoints Realty Southington
$449,900
85 days on market
Updated 22 days ago

268 Franklin Ave

Details
Property Type Special Purpose
Sub Type Other
Cap Rate 8.53%
NOI $38,366
Year Built 1925
Lot Size (SqFt) 7,405
Ground Lease No

Special Purpose | 8.53% CAP

Marketing description

Level Lot 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.
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Listing Contacts

PS
CT 0767757
Century 21 Allpoints Realty Southington
Listed by Century 21 Allpoints Realty Southington

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$38,366.00
$3,197.17/mo

Valuation Metrics

0
DSCR
8.53%
Cap Rate
8.53%
ROI

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Additional Information

Name
Pauly Signorello
License
0767757
Brokerage
C21 All Points
Brokerage Phone
8602090905
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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