277 Wethersfield Ave Hartford, CT 06114
Barry Square NeighborhoodEstimated payment $7,965/month
Highlights
- Baseboard Heating
- Renzulli Gifted and Talented Academy Rated A-
- Level Lot
About This Home
Great investment opportunity in the highly desirable South End! This unique offering includes two buildings on the same lot, providing both immediate cash flow and excellent future income potential. 281-283 Wethersfield Ave features 6 well-maintained units, each offering 4 bedrooms and 1 bathroom, with a total of 7,458 sq ft. The property is fully rented, with most tenants on leases and paying approximately $1,850 per month. Tenants are responsible for their own gas heat, hot water, and electricity, helping keep operating expenses low. The building currently generates approximately $125,400 in gross annual income and delivers strong, consistent cash flow with an attractive cap. 277 Wethersfield Ave offers an exciting value-add opportunity. This 10,692 sq ft building is currently under rehab and has approved plans for 12 two-bedroom units. Major framework has already been completed, and building plans are attached. Once finished, the units are projected to rent for approximately $1,400 per month each, with an estimated gross annual income of about $201,400. A rare chance to own a high-income, multi-building investment property with both stable current returns and significant upside potential!
Listing Agent
Premier Properties of CT Brokerage Phone: (860) 967-7829 License #REB.0759056 Listed on: 05/21/2026
Co-Listing Agent
Premier Properties of CT Brokerage Phone: (860) 967-7829 License #REB.0759057
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,161
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Level Lot
Parking
- 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Flat Tile Roof
- Masonry Siding
Interior Spaces
- 7,458 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 24 Bedrooms
- 6 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- 6 Units
- Gross Income $125,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,997 | $348,040 | $46,060 | $301,980 |
| 2024 | $23,997 | $348,040 | $46,060 | $301,980 |
| 2023 | $23,997 | $348,040 | $46,060 | $301,980 |
| 2022 | $17,364 | $348,040 | $46,060 | $301,980 |
| 2021 | $17,364 | $233,730 | $27,930 | $205,800 |
| 2020 | $17,364 | $233,730 | $27,930 | $205,800 |
| 2019 | $17,364 | $233,730 | $27,930 | $205,800 |
| 2018 | $17,364 | $233,730 | $27,930 | $205,800 |
| 2016 | $16,880 | $227,220 | $26,460 | $200,760 |
| 2015 | $15,674 | $210,990 | $24,570 | $186,420 |
| 2014 | $14,469 | $194,760 | $22,680 | $172,080 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2026 05/21/26 | For Sale | $1,200,000 | +66.7% | $161 / Sq Ft | |
| 09/20/2019 09/20/19 | Sold | $720,000 | 0.0% | $40 / Sq Ft | View Prior Sale |
| 03/08/2017 03/08/17 | Rented | $700 | 0.0% | -- | |
| 02/07/2017 02/07/17 | For Rent | $700 | 0.0% | -- | |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- | |
| 09/07/2016 09/07/16 | For Sale | $750,000 | -- | $41 / Sq Ft |
Source: SmartMLS
MLS Number: 24177210
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