51 Forbes Street, East Hartford, CT 06108
51 Forbes Street, East Hartford, CT 06108
51 Forbes Street, East Hartford, CT 06108
51 Forbes Street, East Hartford, CT 06108
51 Forbes Street, East Hartford, CT 06108
51 Forbes Street, East Hartford, CT 06108
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Islam Ahmad

Islam Ahmad

+1(203) 805-9007
$ 975,000
Est. payment | /mo

6 Beds

6 Baths

2,752 SqFt

Save
$ 975,000
Est. payment | /mo
Save

6 Beds

6 Baths

2,752 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $354

MLS Listing ID 24205752

Style Units are Side-by-Side

Bedrooms 6

Full Baths 6

Year Built 1956

Annual Tax Amount $10,443

Lot Size 0.490 Acres

Property Sub-Type 5 Family+

Property Description

Tour dates available: 9/16 and 9/18. Six-unit, single-story garden-style multifamily investment on nearly a half-acre in East Hartford. Built in 1956, the property offers a unit mix of five one-bedrooms and one flexible efficiency, with on-site coin-op laundry and tenant storage lockers. Off-street parking serves all units. Utilities are individually metered for electric, with seven separate gas meters (one for common areas, one per unit) supplying a central gas-fired heating and hot water system. This setup provides a clear path for a new owner to convert heat and hot water to tenant responsibility, adding further upside. Five of the six units have been fully renovated, offering turnkey interiors with updated kitchens, flooring, and finishes. In-place rents average below current pro forma levels, presenting an attractive mark-to-market opportunity as leases turn over. Ideally located minutes from downtown Hartford and the Connecticut River, with quick access to Interstates 84 and 91. The surrounding area benefits from a strong employment base anchored by a major aerospace manufacturer, along with nearby retail, dining, parks, and transit options. A well-maintained, manageable-scale asset offering both stable current income and meaningful upside for a value-add investor.

Location

State CT

County Hartford

Zoning R3

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Window Unit

Exterior

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Secluded, Lightly Wooded

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Franklin H. Mayberry

High Schools East Hartford

Listed by Derek Mahabir • NortheastPCG, Inc

Nearby Locations

Islam Ahmad

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(203) 805-9007

islam.realbroker@gmail.com

100 Pearl St, FL 14 Hartford, CT 06103-4500, USA

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51 Forbes Street