20
See all 20 photos
$449,111
Est. payment /mo
12 Beds
3 Baths
4,284 SqFt
New
137-139 Babcock Street Hartford, CT 06106
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,284 sqft
Price per Sqft $104
MLS Listing ID 24189872
Style Units on different Floors
Bedrooms 12
Full Baths 3
Year Built 1880
Annual Tax Amount $7,029
Lot Size 7,405 Sqft
Property Sub-Type 3 Family
Property Description
Welcome to 137-139 Babcock St., Hartford-a rare chance to own a high-performing, cash-flowing 3-family with immediate income and a double-digit cap rate. Each of the three oversized units features 4 bedrooms and 1 bathroom with rents already near market value, offering strong day-one returns and long-term stability. Updated kitchens and bathrooms, select stainless steel appliances, oversized walk-in pantries, soaring ceilings, exposed brick, and private rear decks/balconies create highly desirable living spaces that help drive tenant demand. This asset has been well maintained with major capital improvements already completed, including a new roof (2024), newer windows, and hot water heaters replaced in 2018, 2022, and 2025. Separate, tenant-paid utilities keep operating expenses low and maximize your bottom line. Additional value includes exterior security cameras, off-street parking, and a detached 3-bay garage. Whether you're looking to expand your portfolio or secure a true cash cow, this is the kind of investment that checks every box-strong in-place cash flow, low maintenance, and outstanding long-term upside. Opportunities like this don't come around often!
Location
State CT
County Hartford
Zoning NX-2
Rooms
Basement Full, Unfinished, Full With Walk-Out
Interior
Heating Hot Water
Cooling Ceiling Fans, Window Unit
Exterior
Parking Features Detached Garage, Off Street Parking
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Brick, Stone
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
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