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$1,450,000 -$100,000 (-6.45%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 30 Total Beds
  • Updated 2 days ago
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Rare opportunity to acquire a 12-unit multifamily portfolio consisting of two 6-family properties located at 196 Park Street and 38 Brown Street in Hartford, Connecticut. Offering immediate scale, strong in-place cash flow, and operational efficiencies, this package is ideal for investors seeking a larger multifamily asset in one of Connecticut's strongest rental markets. The portfolio features a desirable mix of six 3-bedroom units and six 2-bedroom units, appealing to a broad tenant base and supporting long-term occupancy. Both properties benefit from tenant-paid utilities, off-street parking, public water and sewer, and gas heat, helping to minimize operating expenses and maximize investor returns. Currently operating at strong occupancy levels, the portfolio offers additional upside through continued rent growth and stabilization to market rents. The combination of larger family-sized units and Hartford's ongoing demand for affordable workforce housing creates a compelling long-term investment profile. Conveniently located near downtown Hartford, major employers, hospitals, universities, public transportation, and interstate highways, the properties benefit from excellent accessibility and a deep tenant pool.

Full Property Details for 196 Park St

General

  • Price: $1,450,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24179092
  • Updated: 7/14/2026
  • Added to Site: 50 day(s) ago

Interior

  • Number of Rooms: 54

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 12

Bedrooms

  • Total Bedrooms: 30

Parking

  • Total Spaces: 10
  • Parking: Off Street Parking

Location

  • County: Hartford
  • Neighborhood: Frog Hollow
  • Driving Directions: GPS

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Community

  • Community Name: Frog Hollow

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, 50 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors, Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Brick
  • Basement Desc.: Full
  • Roof: Flat
  • Square Feet: 7,128
  • Above Ground: 7,128 Sq. Ft.
  • Year Built: 1890

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 5

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 7

  • Full Bathrooms: 1
  • Bedrooms: 2

Unit 8

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2

Unit 9

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2

Unit 10

  • Bedrooms: 2

Unit 11

  • Bedrooms: 2

Unit 12

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.28
  • Zoning: MS-2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $259,910
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 603454

Listed by VC Property Group, LLC, Connor Wenchell

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Listing agent

— 196 Park St —

  • Connor Wenchell

    VC Property Group, LLC

Agent Contact: (860) 343-7800 Office Contact: (860) 300-3102

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 196 Park St

School District:Hartford School District
NameGradesDistance
M. D. Fox Compact School
470 Maple Avenue, Hartford, CT 06114
PK-80.8 mi
Renzulli Academy
85 Woodland Street, Hartford, CT 06105
4-81.6 mi
Asian Studies School At Dwight/Belizzi School
215 South Street, Hartford, CT 06114
PK-81.6 mi
Burr School
400 Wethersfield Avenue, Hartford, CT 06114
PK-81 mi
Bulkeley High School Upper School
395 Lyme Street, Hartford, CT 06112
9-123.5 mi
Dr. James H Naylor/Ccsu Leadership Academy
639 Franklin Avenue, Hartford, CT 06114
PK-81.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 196 Park St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Price Reduced
$1,450,000
-6.45%
MLS
5/28/2026
Listed
$1,550,000
158.33%
MLS
10/02/2024
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 196 Park St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,830
3%
$259,910
—
2023
$18,326
-3%
$259,910
—
2023
$18,830
—
$259,910
—
2022
$18,830
76%
$259,910
89%
2021
$10,689
—
$137,410
—
2020
$10,689
—
$137,410
—
2019
$10,689
—
$137,410
—
2018
$10,689
-25%
$137,410
-28%
2016
$14,275
8%
$192,150
8%
2015
$13,255
8%
$178,425
8%
2014
$12,236
9%
$164,700
9%
2011
$11,216
—
$150,975
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 196 Park St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by VC Property Group, LLC, Connor Wenchell

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196 Park Street, Hartford, CT 06106 (MLS# 24179092) is a Multi-Family property with 12 units containing 30 bedrooms and 12 full bathrooms. 196 Park Street is currently listed for $1,450,000 and was received on May 28, 2026. Want to learn more about 196 Park Street? Do you have questions about finding other Multi-Family real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

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