$133.23 Per Sq Foot $25,231 est/mo Sourced by Back At You

273 Asylum Street,Hartford, CT 06103

Hartford CT, 06103

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Description

Welcome to an unparalleled opportunity in the heart of downtown Hartford-an exceptional chance to spearhead the development of a residential haven in an enviable location! Embraced by the city's vibrant pulse, this former high school site stands primed for transformation, boasting approved plans for a residential complex featuring 50 units. Among these are 22 studios, 11 studio pluses offering enhanced living space, and 17 one-bedroom apartments. With the City of Hartford's seal of approval, this canvas of possibility awaits the visionary buyer seeking to redefine urban living. Commanding impressive market rents of $1,400 for studios and $1,700 for one-bedroom dwellings, the potential for lucrative returns is undeniable. Furthermore, there is opportunity to include a small parking area nearby with the purchase. Situated at the center of downtown's bustling landscape, this property offers unrivaled proximity to iconic landmarks and entertainment venues. Just a stone's throw away from the XL Center and a mere two blocks from Bushnell Park and City Place, residents will revel in a lifestyle of convenience and excitement. Immerse yourself in the cultural tapestry of the city with TheaterWorks mere steps away, while an array of esteemed dining establishments and nightlife hotspots beckon within walking distance, including Black Eyed Sally's, Agave, and Max Downtown.

Details

MLS#24006565
Listing TypeFor Sale
StatusActive
Year1920
Days On Site116
Listing Provided ByBerkshire Hathaway NE Prop. | Lisa Cozzi

Features

SQ Feet35,277
ZoningDT-3
Acreage0.30
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Learn More About This Property

StateCT
CountyHartford
CityHartford
Zip Code06103
AreaHartford
Listing VS Median (in 06103)
Price:
$4,700,000
low | high
Med:
$74,200
100% of Average
SqFt:
35,277
low | high
Med:
934
100% of Average
$ / SqFt:
$133
low | high
Med:
$100
74.574631609431% of Average
On Site:
116
low | high
Med:
121.000000
95.867768595041% of Average
Sourced by Back At You
Listing Updated: June 18, 2024 at 12:33:06 AM PDT