24
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$1,990,000
Est. payment /mo
11 Beds
9 Baths
14,514 SqFt
New
18 Sherman Street Hartford, CT 06105
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Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 14,514 sqft
Price per Sqft $137
MLS Listing ID 24189910
Style Other
Bedrooms 11
Full Baths 9
Year Built 1959
Annual Tax Amount $72,147
Lot Size 0.370 Acres
Property Sub-Type 5 Family+
Property Description
18 Sherman Street is a 21 unit property nestled in Hartford's coveted West End, one of the city's most desirable residential neighborhoods. Known for tree-lined streets, historic architecture, and proximity to UConn Law, Elizabeth Park, the University of Hartford, and the Farmington Avenue corridor, the West End attracts a stable, quality renter base. The walkability and easy access to downtown and I-84 make it a location tenants seek out and stay in - the foundation of the building's strong occupancy and dependable collections. Ten units have been fully remodeled with durable, move-in-ready finishes: new LVT and porcelain tile flooring, quartz countertops, shaker cabinetry, stainless steel appliances, new lighting, open kitchen-to-living layouts, updated baths, in-unit air conditioning, and newer windows. Building systems are equally strong, anchored by a modern Lochinvar gas heating system (former oil tanks retired) and two on-site washer/dryer sets. Additional upgrades include new exit signs and new smoke detectors. With major systems and interiors already addressed, an incoming investor inherits a turnkey asset positioned for low turnover and capital expenses - the fundamentals driving the current 90% occupancy and consistent collections in one of Hartford's most sought-after neighborhoods.
Location
State CT
County Hartford
Zoning NX-1
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Block
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Lisa Cozzi • Century 21 AllPoints Realty
Nearby Locations
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