$1,350,000

621 Farmington Avenue, Hartford, CT 06105

  • 2 baths |
  • 23,064 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $59/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Rare value-add opportunity in Hartford's West End. This 29-unit office-to-apartment conversion is already underway, with all architectural, MEP, survey, and building permits fully approved. The building has been gutted, rough-framed for 12 units, and prepped for plumbing, electrical, HVAC, sprinklers, and interior finishes. Approximately $1.5M in renovations remains to complete the project. The approved unit mix includes 27 one-bedroom units (projected at $1,300/month) and 2 two-bedroom units ($1,500/month), supporting a projected monthly rent roll of $38,100, or $457,200 annually. Located near downtown with off-street parking and strong rental demand, this property offers significant upside for experienced investors or developers looking to take on a value-add conversion. Property is being sold as-is. Showings by appointment only.

Listing Status:
Active
Date Added:
July 17, 2025 at 10:23PM
Listing Office:
Santana Realty Group LLC : (860) 977-2703
Listing Agent:
Rich Santana : (860) 866-8286
MLS ID:
24112476
  • A/C: Window Unit
  • Heating: BaseboardRadiatorOtherNatural Gas

This listing courtesy of Rich Santana, Santana Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Webster Micro Society Magnet School

5 Cone St, Hartford, CT, 06105

Grades PK-8

0.22 miles away

W

Webster Micro Society Magnet School

5 Cone St, Hartford, CT, 06105

Grades PK-8

0.22 miles away

H

Hartford Public High School

55 Forest St, Hartford, CT, 06105

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.