621 Farmington Ave, Hartford, CT 06105

Description

Exceptional redevelopment opportunity in Hartford's desirable West End. This 23,064 SF, two-story office building presents outstanding potential for an office-to-multifamily conversion. The property was previously approved for a 29-unit apartment conversion, providing a significant head start for developers. The approved unit mix consisted of 27 one-bedroom apartments with projected rents of approximately $1,300 per month and 2 two-bedroom apartments with projected rents of approximately $1,500 per month. Situated on approximately 0.60 acres with ample off-street parking (roughly 30+ spaces), the property is ideally positioned for investors seeking to capitalize on Hartfo...