40 Allen Place

About Property

A rare 5-unit multifamily opportunity in Hartford's Trinity College neighborhood, offering nearly 5,000 square feet of living space. This distinctive Victorian Colonial blends historic character with strong income potential, featuring hardwood floors, generous storage, and a flexible unit mix. 4 of the 5 units are currently furnished, and the seller is open to including furnishings in negotiations. Set within a short walk of Connecticut Children's Medical Center, and Trinity College, the location drives consistent rental demand. Electricity is separately metered, and the building offers 3 heating zones, one per floor. The basement includes a brand new washer and dryer, and tenants enjoy private off-street parking in the rear. Unit 3 is a large, separated studio. Unit 5 is a two-floor layout with a spacious third bedroom and attached full bath, which can function as a bedroom, a living room combo setup, or a bonus suite. One unit has a month-to-month tenant whose lease recently expired, creating immediate upside and flexibility for an owner occupant or investor.
Listed by Cornerstone Homes Plus, Inc., Romanee Ives. Data sourced from SmartMLS