Active
273 Asylum Street
Hartford CT, 06103
$3,550,000
$100.63 per sqft
Active
35,277 sqft
Commercial
Built in 1920
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.
24006565
MLSⓇ ID
March 29, 2024
Listed
December 18, 2024
Updated
Map
273 Asylum Street
Hartford CT, 06103
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
Corner Lot, Level
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$197,540
Tax Frequency
Annually
Days on Market
265
Garage
No
View
No
County
Hartford
Water Source
Public
Pool
No
Zoning
DT-3
Listing History
Date | Event | Price |
---|---|---|
11/4/2024 | Price change | $3,550,000 -2% |
9/30/2024 | Price change | $3,600,000 -4% |
8/8/2024 | Price change | $3,750,000 -19% |
8/7/2024 | Price change | $4,600,000 -3% |
6/17/2024 | Price change | $4,700,000 -4% |
Listed by Lisa Cozzi with Berkshire Hathaway NE Prop.
Listing Contact:
The IDX display contains information sourced from the Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/18/2024 at 5:39 PM UTC