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$1,200,000 Just Listed
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Property Description
Well-maintained brick apartment building offering current cash flor with significant upside potential. The property features all one-bedroom, one-bath units w/approx. 590 SF each. Units offer functional, open layouts with EIK and living rooms, along with a mix of vinyl flooring and carpet throughout. Select apartments include updated baths with tile finishes and stand-up showers. Major improvements have been completed, including conversion from oil to gas heat in 2025, installation of hardwired smoke detectors throughout (approx. $20,000 investment), and energy-efficient motion-sensor lighting in common hallways to reduce operating costs. Heat and hot water are landlord paid, while the electrical are separately metered and tenant paid. The roof is in good condition and there are many replacement windows throughout. The property includes five off-street parking spaces at the rear, currently generating additional monthly income. Rents are below market, presenting a clear value-add opportunity with a projected 9% pro-forma cap rate. Ideally located in Parkville, with close proximity to downtown, major highways, and within walking distance to restaurants, shopping, and everyday conveniences. A solid investment opportunity with solid recent upgrades and growth potential.
Full Property Details
Full Property Details for 1963 Park St
General
- Price: $1,200,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24155595
- Updated: Today (2/21/2026)
- Added to Site: Today
Interior
- Flooring: Tile, Vinyl, Wall-To-Wall Carpet
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
- Restrooms: 12
Exterior
- Exterior Features: Sidewalk, Awnings, Gutters, Lighting
Parking
- Uncovered Spaces: 5
- Total Spaces: 5
- Parking: Driveway, Paved, Off Street Parking
Location
- County: Hartford
- Neighborhood: Parkville
- Driving Directions: Prospect Ave to Park St or Sisson Ave to Park St.
Community
- Community Name: Parkville
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Phone Available, Cable Available
Structural Information
- Roof: Flat, Rubber
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 7,104
- Sq. Ft. Source: Public Records
- Living Area: 7,104 Sq. Ft.
- Current Bldg. Use: residential
- Year Built: 1900
Unit Information
- # Tenants: 10
Unit 1
- Unit Description: 1 Bedroom
- Square Feet: 590
- Total Bathrooms: 12
Lot Features
- Lot Size (Acres): 0.12
- Frontage: Municipal Street
- Present Use: residential
- Potential Use: residential
- Zoning: NX-2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $423,710
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 598131
Listed by Oxford Realty, Amanda Faroni-Sheehan
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Schools
Schools serving 1963 Park St
School District:Hartford School District
| Name | Grades | Distance |
|---|---|---|
Parkville Community School 47 New Park Avenue, Hartford, CT 06106 | PK-5 | 0.2 mi |
Burns Latino Studies Academy 195 Putnam Street, Hartford, CT 06106 | PK-8 | 1.1 mi |
Sanchez School 176 Babcock Street, Hartford, CT 06106 | PK-5 | 1.2 mi |
McDonough School 111 Hillside Avenue, Hartford, CT 06106 | 6-8 | 0.8 mi |
Hphs Academy Of Engineering And Green Technology 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.8 mi |
Hphs Law And Government Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.8 mi |
Hphs Nursing Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.8 mi |
Montessori Magnet @ Moylan and McDonough 757 New Britain Avenue, Hartford, CT 06106 | PK-5 | 1.7 mi |
Kennelly School 180 White Street, Hartford, CT 06114 | PK-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1963 Park St
Date
Details
Price
Change
Source
2/21/2026
Listed
$1,200,000
41.18%
MLS
8/15/2023
Sold
$850,000
—
Public Record
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
Tax History for 1963 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$29,215
—
$423,710
—
2023
$29,215
—
$423,710
—
2022
$29,215
54%
$423,710
66%
2021
$18,924
—
$254,730
—
2020
$18,924
—
$254,730
—
2019
$18,924
—
$254,730
—
2018
$18,924
-2%
$254,730
-2%
2016
$19,408
8%
$261,240
8%
2015
$18,021
8%
$242,580
8%
2014
$16,635
9%
$223,920
9%
2011
$15,249
—
$205,260
—
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
Estimate the Cost for 1963 Park St
1963 Park Street, Hartford, CT 06106 (MLS# 24155595) is a Commercial property. 1963 Park Street is currently listed for $1,200,000 and was received on February 21, 2026. Want to learn more about 1963 Park Street? Do you have questions about finding other Commercial real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

