63 Whitmore St, Hartford, CT 06114

Property Description

INCOME-PRODUCING ASSET - Fully Renovated Six-Unit Multifamily Investment Opportunity in Hartford's Historic South End. This brick six-family property offers a turnkey investment with capital improvements and established rental income. The building features six spacious 2-bedroom, 1-bath residences, each approximately 960 square feet, for a total of 5,760 square feet, 12 bedrooms, and 6 bathrooms. Updated interiors include contemporary kitchens, quartz countertops, modern appliances, stylish bathrooms, luxury flooring, and quality finishes. Select residences also offer private balconies. Based on the provided rent schedule, the property has the potential to generate approximately $13,500 in monthly gross rental income, or $162,000 annually, including the incoming tenant's scheduled rent. Reported monthly expenses total $1,691.50, producing an estimated $141,702 in annual net income before unlisted costs such as maintenance, vacancies, management, and reserves. Additional features include separate utilities, off-street parking, durable brick construction, and month-to-month rental arrangements that offer leasing flexibility. Situated near Hartford Hospital, Downtown Hartford, major highways, public transportation, restaurants, and shopping, the property provides easy access to employment centers and local amenities. With renovations completed and income already in place, this is a highly appealing opportunity to acquire a multifamily investment with long-term upside potential.