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89 BARBOUR ST, HARTFORD, CT 06120-2001

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY
$800,000
0 days on market
Updated 0 days ago

9% CAP: 7 Units, Mixed-Use

Details
APN 09003064-240162029
Property Type Retail
Square Footage 8,336
Units 7
Cap Rate 9.08%
NOI $72,673
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $81,905
Price per SqFt $96
Year Built 1930
Year Renovated 2023
Stories 3
Acreage 0.150
Zoning NX-1
Ground Lease No

9% CAP: 7 Units, Mixed-Use

Marketing description

6 Unit Multifamily

1/Adjacent Grocery (roughly 400 SF)

All 3 bed/1 bath Units

100% Occupied

Separate & Tenant Paid Utilities

On-Street Parking

9% CAP

Investment highlights

Mixed-use investment opportunity offering a 10% CAP rate. The property consists of (6) spacious 3-bedroom, 1-bath apartments, each averaging 1,320 square feet, plus one adjacent commercial grocery space with roughly 400 SF. The property is 100% occupied, providing immediate, stable cash flow. Residential units feature hardwood flooring, laundry hookups, and select kitchen and bathroom updates. All utilities are separately metered and tenant-paid, helping minimize operating expenses. The commercial space provides diversified income while offering long-term investment potential. Located in Hartford's North End with convenient access to Downtown Hartford, Saint Francis Hospital, parks, public transportation, shopping, schools, and major highways. An outstanding opportunity for investors seeking a stabilized asset with strong unit layouts, diversified income, and future upside through continued rent growth and operational improvements.

Listing Contacts

AF
CT REB.0793328 CT, CT REB.0793328
OXFORD REALTY
Listed by OXFORD REALTY

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,673.00
$6,056.08/mo

Valuation Metrics

0
DSCR
9.08%
Cap Rate
9.08%
ROI

Map

Zoning

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NX-1 MixedMixed UseNeighborhood Mix 1
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Amanda Faroni-Sheehan
License
REB.0793328 CT
Brokerage
Oxford Realty
Brokerage Phone
2033144219
Title
Managing Broker
Brokerage Address
151 New Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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