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Key Details
Sold Price $2,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 28,443 sqft
Price per Sqft $98
MLS Listing ID 24066847
Sold Date 06/06/25
Full Baths 4
Half Baths 2
Year Built 1928
Annual Tax Amount $46,541
Lot Size 0.510 Acres
Property Description
18 Lincoln Street Apartments is a 24-unit complex offering strong cash flow and significant upside potential. With impressive numbers at entry and ample room to stabilize and grow to pro forma, this property is ideal for savvy investors seeking both immediate returns and long-term appreciation. Strategically located in a desirable area, the property provides a solid tenant base with opportunities for rent optimization and operational improvements. This is a rare chance to secure a high-performing asset with substantial growth potential.
Location
State CT
County Hartford
Zoning T
Interior
Heating Gas on Gas
Cooling Window Unit
Exterior
Utilities Available Electric, Gas
Roof Type Asphalt Shingle,Flat
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Maddy Ceruti • Century 21 AllPoints Realty