18 Lawrence St

Hartford CT 06106

7548 sq. ft.

0.23 ac.

Multi-Family

Currently for sale - view listing

Overview

Turnkey 6-Unit Brick Multifamily | Hartford | 100% Occupied Cash flow from day one. This fully occupied, all-brick 6-unit multifamily property showcases true pride of ownership and is ready for its next investor. Featuring gross annual rents of $92,040 ($7,670/month), stabilized occupancy, long-term tenants, and significant recent capital improvements, the heavy lifting has already been done. Major updates include a newer roof (2019-2020), six new hot water heaters installed in 2026, and high efficiency tankless boiler combi systems added in 2017. The property offers gas heat and cooking throughout, washer/dryer hookups in select units, recessed lighting in common areas, and attractive gray laminate and wood flooring. Additional features include a huge fenced-in parking lot with ample off-street parking, generating additional income at $50 per space, plus porches and decks for tenant enjoyment. A long-term third-floor tenant of approximately 25 years helps keep an eye on the property and contributes to its well-maintained atmosphere. Current rents are below market, providing future upside potential for investors seeking increased cash flow. Conveniently located just minutes from major highways, public transportation, shopping, dining, and employment centers, this is a rare opportunity to acquire a well-maintained, turnkey asset with immediate income and long-term growth potential.