Description
Well-maintained, fully leased 6-unit multifamily with many units renovated within the past year. 10 Warner is located on a dead-end street in Hartford's South End, 7.7% actual cap, $91,600/year with room to improve. The property consists of six 2-bedroom units, all with similar and functional layouts. The previous owner held the property for over 20 years, reflecting consistent ownership and maintenance. Recent capital improvement includes a new roof installed in 2025, with updates to many of the units. The property is fully fenced in with a nice size play area and with ample parking in the back lot with enough spaces for all 6 tenants. The property is currently serviced by separate electric meters and one gas meter, with existing gas hookups in place for easy conversion. Four of the six units already feature individual furnaces, with hookups available to add furnaces to the remaining two units, allowing a future owner to further separate utilities. Current owner acquired the asset through a 1031 exchange and is selling to continue investing in another city/state. Solid investment opportunity in a desirable South End location with operational upside and long-term value. All tenants current with rent payments. Listing photos are of the third-floor apartment which is currently occupied.
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12BEDS
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0.13ACRES
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6BATHS
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01/2 BATHS
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5,028SQFT
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$139$/SQFT
School Information
Description
Well-maintained, fully leased 6-unit multifamily with many units renovated within the past year. 10 Warner is located on a dead-end street in Hartford's South End, 7.7% actual cap, $91,600/year with room to improve. The property consists of six 2-bedroom units, all with similar and functional layouts. The previous owner held the property for over 20 years, reflecting consistent ownership and maintenance. Recent capital improvement includes a new roof installed in 2025, with updates to many of the units. The property is fully fenced in with a nice size play area and with ample parking in the back lot with enough spaces for all 6 tenants. The property is currently serviced by separate electric meters and one gas meter, with existing gas hookups in place for easy conversion. Four of the six units already feature individual furnaces, with hookups available to add furnaces to the remaining two units, allowing a future owner to further separate utilities. Current owner acquired the asset through a 1031 exchange and is selling to continue investing in another city/state. Solid investment opportunity in a desirable South End location with operational upside and long-term value. All tenants current with rent payments. Listing photos are of the third-floor apartment which is currently occupied.
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