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38-40 Redding Street, 
Hartford, CT 06114

$1,500,000


34

Beds


12

Baths


5,643

Sq Ft


Multi-Family

Active

Listed by

Amanda Faroni-Sheehan, (203) 314-4219

Oxford Realty, (203) 314-4219

(203) 314-4219

Last updated:

May 30, 2026, 11:39 AM

MLS#

24177578

Source:

CT

About This Home

38-40 Redding Street

Exceptional opportunity to acquire a 13-unit mixed-use portfolio with 9% CAP rate, consisting of two solid brick assets totaling 13 units (12 residential + 1 commercial) across two buildings. Combined square footage of approximately 13,579 SF with a strong unit mix and in-place cash flow, plus additional upside potential. 38 Redding Street is a 6-unit multifamily located in the South End, offering six 2.5-bedroom, 1-bath units with 5,643 SF. Units feature hardwood floors throughout with some kitchen and bath updates. Utilities are separately metered and tenant-paid. No on-site laundry; on-street parking. 89 Barbour Street is a mixed-use property comprised of six 3-bedroom, 1-bath apartments and one adjacent commercial space, totaling 7,936 SF. The property is 100% occupied, delivering stable, in-place income. Residential units offer hardwood flooring, some kitchen and bath updates, and laundry hookups within each unit. Separate, tenant-paid utilities. On-street parking. Together, the portfolio offers a balanced mix of stabilized income and upside through lease optimization and continued improvements. Ideal for investors seeking scale, strong unit layouts, and diversified income in established rental locations.

Home Facts

Multi-Family

12 Baths

34 Bedrooms

Built in 1926

Price Summary

1,500,000

$265 per Sq. Ft.

MLS #:

24177578

Last Updated:

May 30, 2026, 11:39 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

34

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

12

Interior

Living Area:

5,643 Sq. Ft.


Structure

Structure

Architectural Style:

Units are Side-by-Side

Building Area:

5,643 Sq. Ft.

Year Built:

1926


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$265 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.