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264 Farmington Avenue, Hartford CT 06105
Current Price: $1,275,000
12 beds
10 baths
12414 sq. ft
Last Update: 5/25/2025
Property Type: Multi-Family For Sale
264 Farmington Avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! An exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain the Green Apple Grocery store as an anchor tenant for over 15 years. The second commercial unit is currently occupied by the owner as an office, but it has a full bathroom and can be outfitted for a variety of other business needs. Central heating systems, towering 9-foot tall ceilings, and spacious residential units provide ample square footage to achieve proforma rents between $1,400-$1,800 per month. Fill or occupy the office, keep the Green Apple on their current lease, and pursue an attainable lease-up strategy for the residential units and this property will yield a 123k NOI and 14% Return.
At the corner of Farmington Avenue and Laurel Street.
MLS #: 24069414
Style: Units on different Floors
Color:
Total Rooms:
Bedrooms: 12
Bathrooms: 10
Acres: 0.29
Year Built: 1928 (Public Records)
New Construction: No/Resale
Home Warranty Offered:
Property Tax: $32,153
Zoning: MS-1
Mil Rate:
Assessed Value: $443,800
Potential Short Sale:
Square Footage: Estimated HEATED Sq.Ft. above grade is 12414; below grade sq feet total is ; total sq ft is 12414
Laundry Location & Info: | None |
Home Automation: | Security System |
Basement Desc.: | Full |
Exterior Siding: | Brick |
Foundation: | Stone |
Roof: | Flat |
Garage/Parking Type: | None,Paved,Parking Lot,Unassigned Parking |
Swimming Pool: | 0 |
Waterfront Feat.: | Not Applicable |
Lot Description: | Corner Lot,Level Lot |
Occupied: | Tenant |
Hot Water System
Heat Type:
Fueled By: Hot Air.
Cooling: Window Unit
Fuel Tank Location:
Water Service: Public Water Connected
Sewage System: Public Sewer Connected
Elementary: Per Board of Ed
Intermediate:
Middle:
High School: Per Board of Ed
Current List Price: $1,275,000
Original List Price: $1,350,000
DOM: 130
Listing Date: 1/15/2025
Last Updated: 4/2/2025 2:26:07 PM
List Agent Name: Connor Wenchell
List Office Name: VC Property Group, LLC