38-40 Brown Street
Hartford, CT 06114
30
Bed
12
Bath
5,541Sqft
0.28Acre(Lot)
Rare opportunity to acquire a 12-unit multifamily portfolio consisting of two 6-family properties located at 196 Park Street and 38 Brown Street in Hartford, Connecticut. Offering immediate scale, strong in-place cash flow, and operational efficiencies, this package is ideal for investors seeking a larger multifamily asset in one of Connecticut's strongest rental markets. The portfolio features a desirable mix of six 3-bedroom units and six 2-bedroom units, appealing to a broad tenant base and supporting long-term occupancy. Both properties benefit from tenant-paid utilities, off-street parking, public water and sewer, and gas heat, helping to minimize operating expenses and maximize investor returns. Currently operating at strong occupancy levels, the portfolio offers additional upside
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 30Bathroom Information
Total Baths: 12 Full Baths: 12Room Information
Rooms Total: 54 Has Basement: Yes Basement: Full -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None
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Building Information
Year Built: 1920 Building Area Total: 5541 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.28 Lot Description: Level
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Listing Price Information
Listing Price: $1450000 Original Price: $1550000
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Tax Information
Parcel Number: 596841 Annual Tax: $37233
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Parking Information
Parking Total: 10 Off Street, Paved
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 44-46 Eaton Street, Hartford, CT, 06114 | $425,000 | 4 | 2 | 2,632 | 2,632 SqFt |
| 38-40 Redding Street, Hartford, CT, 06114 | $700,000 | 12 | 6 | 5,643 | 5,643 SqFt |
| 356 Wethersfield Avenue, Hartford, CT, 06114 | $250,000 | 4 | 3 | 2,304 | 2,304 SqFt |
| 24 Bond Street, Hartford, CT, 06114 | $469,900 | 5 | 4 | 2,440 | 2,440 SqFt |
| 27-29 Bond Street, Hartford, CT, 06114 | $579,999 | 12 | 6 | 6,012 | 6,012 SqFt |
| 44 Bond Street, Hartford, CT, 06114 | $575,000 | 12 | 6 | 5,838 | 5,838 SqFt |
| 268-270 Franklin Avenue, Hartford, CT, 06114 | $449,900 | 6 | 4 | 4,018 | 4,018 SqFt |
| 145 Adelaide Street, Hartford, CT, 06114 | $350,000 | 4 | 2 | 1,823 | 1,823 SqFt |
| 82 Bushnell Street, Hartford, CT, 06114 | $399,000 | 6 | 2 | 2,358 | 2,358 SqFt |
| 41-43 Dean Street, Hartford, CT, 06114 | $429,900 | 8 | 3 | 2,543 | 2,543 SqFt |
Similar Multifamily To 38-40 Brown Street
Nearby For Sale
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ByOwner last updated this listing 07/18/2026 @ 02:43
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