12-16 Groton St
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12-16 Groton St
35 Unit Block of Flats £2,899,575 (£82,845/Unit) Hartford, CT 06106
Executive Summary
16 Groton Street offers the opportunity to enter the Charter Oak/South End neighborhood market of Hartford with an attractive multifamily investment. 16 Groton Street consists of 35 apartment units sitting on an attractive site. The unit mix of this building offers 11 studio, 16 one bedroom, and 8 two bedroom units. Significant capital improvements were made on this property over the past several years. The property features newer heat/hot water systems, renovated apartment units and a newly built laundry room.
Located on Groton Street, this property sits in the Charter Oak/South End neighborhood of Hartford. The Charter Oak neighborhood is located adjacent to Hartford Hospital, the Institute for the Living and Trinity College. The neighborhood is dominated by one to three family homes. Wethersfield Avenue is the primary commercial arterial route in the neighborhood and provides residents with easy access to retail goods, services and restaurants. Downtown Hartford, located just a few blocks south of the property, offers quick access to restaurants, shopping and transportation as well as easy access to Interstates 84 & 91.
Located on Groton Street, this property sits in the Charter Oak/South End neighborhood of Hartford. The Charter Oak neighborhood is located adjacent to Hartford Hospital, the Institute for the Living and Trinity College. The neighborhood is dominated by one to three family homes. Wethersfield Avenue is the primary commercial arterial route in the neighborhood and provides residents with easy access to retail goods, services and restaurants. Downtown Hartford, located just a few blocks south of the property, offers quick access to restaurants, shopping and transportation as well as easy access to Interstates 84 & 91.
Property Facts
| Price | £2,899,575 | Building Class | C |
| Price Per Unit | £82,845 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 18,339 SF |
| No. Units | 35 | Number of Floors | 3 |
| Property Type | Residential | Year Built/Renovated | 1920/2021 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | £2,899,575 |
| Price Per Unit | £82,845 |
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 18,339 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1920/2021 |
| Opportunity Zone |
Yes |
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Wooden Floors
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 11 | - | 350 - 550 |
| 1+1 | 16 | - | 550 - 750 |
| 2+1 | 8 | - | 750 - 950 |
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Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (73)
zoning
| Zoning Code | R5 |
| R5 |
-
Power Broker Steve Pappas -
Tess Cullen -
Chozick Realty Inc.
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12-16 Groton St
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