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51 Forbes Street

East Hartford, CT 06108
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Bed 6

Bed

Bath 6

Bath

SqFt2,752

Sqft

Acres0.49

Acre(Lot)

Tour dates available: 9/16 and 9/18. Six-unit, single-story garden-style multifamily investment on nearly a half-acre in East Hartford. Built in 1956, the property offers a unit mix of five one-bedrooms and one flexible efficiency, with on-site coin-op laundry and tenant storage lockers. Off-street parking serves all units. Utilities are individually metered for electric, with seven separate gas meters (one for common areas, one per unit) supplying a central gas-fired heating and hot water system. This setup provides a clear path for a new owner to convert heat and hot water to tenant responsibility, adding further upside. Five of the six units have been fully renovated, offering turnkey interiors with updated kitchens, flooring, and finishes. In-place rents average below current pro fo rma levels, presenting an attractive mark-to-market opportunity as leases turn over. Ideally located minutes from downtown Hartford and the Connecticut River, with quick access to Interstates 84 and 91. The surrounding area benefits from a strong employment base anchored by a major aerospace manufacturer, along with nearby retail, dining, parks, and transit options. A well-maintained, manageable-scale asset offering both stable current income and meaningful upside for a value-add investor.

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Detail Ic Property Details

Property Type : Residential Income

Price : $975,000

AD Id : 91126871

MLS Id : 24205752

Beds : 6

Lot Size : 0.49 Acre

Living Area Size : 2,752

Tax Amount : 10443.00

Year Built : 1956

County : Hartford

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Rooms Total: 17 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1956 Building Area Total: 2752 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.49

  • Listing Price Information

    Listing Price: $975000

  • Tax Information

    Parcel Number: 2283793 Annual Tax: $10443

  • School Information

    Elementary School: Franklin H. Mayberry
    Junior High School:
    Senior High School: East Hartford
  • Location Information

    Direction: GPS friendly WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
43-45 Pine Street, East Hartford, CT, 06108 $415,000 6 4 2,455 0.17 Acre
748 Burnside Avenue, East Hartford, CT, 06108 $394,000 4 2 2,236 0.14 Acre
33-37 Francis Street, East Hartford, CT, 06108 $549,000 9 3 5,824 0.16 Acre
15-17 Leichtner Drive, East Hartford, CT, 06108 $440,000 6 2 2,462 0.17 Acre
260-262 Burnside Avenue, East Hartford, CT, 06108 $479,900 7 3 2,488 0.16 Acre
32 Wells Avenue, East Hartford, CT, 06108 $365,000 4 2 1,524 0.23 Acre

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 09/14/2026 @ 04:51

MLS: 24205752 LISTED BY: Derek Mahabir, NortheastPCG, Inc SOURCE: SmartMLS

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