229 Franklin Avenue
Hartford, CT, 06114 $ 725,000
Bedrooms12 Baths6.0 Sq 5,248 Monthly Estimate*
$ 5,007
for $725,000 with 12 bedrooms and 6 full baths. This 5,248 square foot home was built in 1988 on a lot size of 0.2.
Exceptional Investment Opportunity in the Heart of Hartford's Little Italy! Welcome to 229 Franklin Avenue, a well-maintained 6-unit brick apartment building with condominium tax status, offering an outstanding opportunity for investors seeking strong cash flow and long-term value. The property features six spacious two-bedroom, one-bathroom apartments, each offering generous floor plans with hardwood flooring, bright living and dining areas, eat-in kitchens with dishwashers, remodeled kitchens and bathrooms, stacked in-unit laundry, exposed brick accents, and foyer coat closets. Recent capital improvements include a 2-year-old flat rubber roof with a 25-year warranty, replacement windows, updated electrical service with individual subpanels, and separate tenant-paid natural gas heat and hot water, which minimizes owner expenses. The attractive brick exterior provides timeless curb appeal, and the property also offers off-street parking for tenant convenience. Located in the heart of Hartford's historic Little Italy neighborhood, this property is just minutes from Downtown Hartford, Hartford Hospital, Trinity College, Bushnell Park, major highways, restaurants, shopping, and public transportation. Benefiting from condominium tax status and a prime location in one of Hartford's most established neighborhoods, this is an excellent opportunity to add a quality multifamily asset to your investment portfolio.
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FeaturesGeneralZoning Commerical/Condo Tax Status/Re
Neighborhood Barry Square
County Hartford
Tax Year July 2026-June 2027
Property Type Multi-Family For Sale
Status Active
Acres 0.2
Directions GPS Friendly
High School Per Board of Ed
City Hartford
Elementary School Per Board of Ed
Sq Ft Total 5248
DOM 0
Year Built 1988
Style Units on different Floors
Year Built Source Public Records
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InteriorCooling System Window Unit
Total Number of Units 6
Total Rooms 24
Basement Description Full Unfinished
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ExteriorWater Source Public Water Connected
Lot Description Corner Lot
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* Excluded FeaturesList ByTyler DeVecchisListing Agent
Century 21 Allpoints RealtyBroker
tylerdevecchisrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,007
- Monthly Property Taxes
- $1,285
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Hartford, CT
Average List Price $563,738
Percent of Sale Price 22%
About Hartford, CT 125,684 Population
3% Since 2002
$ 34,066 Median Income
33.51 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/9/2026 | $725,000 | | Listed Price |