Active

98 Russ Street

Hartford, CT 06106

$399,900 $1,685/Mo

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Overview

Bed

Bath

4,671

Sqft

0.14

Acre(Lot)

Description

ATTENTION INVESTORS! Rare brick 3-family offering exceptionally large four-bedroom layouts, strong in-place income and significant rental upside. Each apartment is configured with 4 bedrooms, each with a window, closet and door, while still offering a separate living room and kitchen. Property has a history of housing-assisted tenancies utilizing the four-bedroom configuration. Fully occupied and currently generating $4,375/month ($52,500 annually). Units 2 and 3 were renovated in 2024. Seller's market-rent analysis supports approximately $1,850-$2,000/month per unit, or $5,550-$6,000/month total. Each apartment has separate gas and electric meters, plus a separate owner electric meter. Additional features include brick construction, approximately 4,671 SF of living area, rear parking and a detached 3-bay garage. Convenient Frog Hollow location near Hartford Hospital. Excellent opportunity for current cash flow and future NOI growth. Sold as-is. One of the parties to the LLC has an active real estate license. Each of the three apartments features an unusually large four-bedroom layout, with each bedroom having a window, closet and door, while still providing a separate living room and kitchen. The property has a history of housing-assisted tenancies utilizing the four-bedroom configuration. The first-floor rent is currently $1,500/month. Current rents total $4,375/month: Unit 1 at $1,500, Unit 2 at $1,500 and Unit 3 at $1,375. Units 2 and 3 were renovated in 2024. Seller's market-rent analysis supports approximately $1,850-$2,000/month per unit, representing potential total rents of approximately $5,550-$6,000/month ($66,600-$72,000 annually). Each apartment has its own separate gas and electric meter, with an additional separate owner electric meter for common areas. Owner currently pays water and common-area electric. Additional features include brick construction, approximately 4,671 SF of living area, rear parking and a detached 3-bay garage.

Property Details

Property Type : Residential Income

Price : $399,900

AD Id : 91544333

MLS Id : 24210257

Beds : 12

Lot Size : 0.14 Acre

Living Area Size : 4,671 Sq. Ft

Tax Amount : $7,336

Year Built : 1890

Garage : 3

County : Hartford

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 12

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 21 Has Basement: Yes Basement: Full
Interior Features

Appliances: Electric Water Heater
Heating & Cooling

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

Building Information

Year Built: 1890 Building Area Total: 4671 Construction Materials: Brick, Concrete Patio And Porch Features: Deck Private Pool: No
Exterior Features

Exterior Features: Balcony

Lot Information

Lot Size Acres: 0.14 Lot Description: Level

Listing Price Information

Listing Price: $399900

Tax Information

Parcel Number: 602653 Annual Tax: $7336

Parking Information

Parking Total: 6 On Street

Garage Information

Has Garage: Yes Garage Space: 3

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: Follow I-84 E to Capitol Ave in Hartford. Take exit 48-48A-48B from I-84 E, Straight onto Oak Street and right onto Russ Street. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
15 Ward Street, Hartford, CT, 06106	$399,999	4	2	2,292	0.16 Acre
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1087 Broad Street, Hartford, CT, 06106	$1,450,000	27	12	13,000	0.19 Acre
629-641 Park Street, Hartford, CT, 06106	$1,750,000	16	--	11,800	0.13 Acre
654 Park Street, Hartford, CT, 06106	$765,000	14	5	11,145	0.15 Acre
133 Babcock Street, Hartford, CT, 06106	$725,000	17	6	5,500	0.17 Acre
39-41 Putnam Street, Hartford, CT, 06106	$310,000	6	2	2,825	0.18 Acre
138-140 Putnam Street, Hartford, CT, 06106	$389,900	9	3	3,975	0.15 Acre
47-49 Putnam Street, Hartford, CT, 06106	$900,000	9	8	4,524	0.14 Acre
427 Zion Street, Hartford, CT, 06106	$289,900	4	2	1,488	0.17 Acre

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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 10/05/2026 @ 20:37

MLS: 24210257 LISTED BY: Nauman Nafees, The Bella Group, LLC SOURCE: SmartMLS