NOMADEReal Estate

$2,599,000

Active

450 Franklin Avenue

Hartford, Connecticut, 06114 · Hartford County

0

Beds

17

Baths

15,429

Sq Ft

1915

Built

MLS # 24144813

Price / Sq Ft

$168

Property Type

Commercial For Sale

Lot Size

0.31

Class

Property

About This Property

Solid mixed use property. 12 good sized one bedroom apartments and 5 commercial units. All separate utilities. Fully occupied. Most of them are long term tenants. This building was completely renovated in the late 90s. New sheetrock has been installed on all walls in all apartments and hallways. All doors, door frames, windows and window frames have been replaced, so you have peace of mind with the lead paint issue. All electric meters and gas meters have been replaced at some point. there are 12 parking spaces for the residential tenants. parking at side of the building and on the street. Heavy foot traffic generates good business for the commercial tenants. Typical neighborhood business , Chinese Restaurant, Grocery store, Laundromat, Check and Cash and Nail Salon, as these business are all doing well. Seller to pay for new pavement in front of the building, and to repair back parking lot with a new coasting. Laundromat business can be sold together at buyer's option.

Property Details

450 Franklin Avenue, Hartford Connecticut 06114 — Commercial For Sale listed at $2,599,000.

At a Glance

0

Bedrooms

17

Bathrooms

15,429

Sq Ft

0.31

Lot Size

--

Garage

1915

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodHartford
Address450 Franklin Avenue
MLS Number24144813
Year Built1915
Square Footage15,429
Lot Size0.31
Bedrooms0
Bathrooms17
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value435330
Mil Rate Total68.95
Property Tax30016
Tax YearJuly 2025-June 2026

Other Details

Business Included YNNNegotiable
Documents AvailableNone
Gross Annual Expense78400
Gross Annual Income268248
Net Operating Income189848
Numberof Tenants17
Parcel Number596777
Parking Spaces Uncovered17
ZoningMS-2

Property Features

Cooling SystemNone
FlooringTile,Vinyl,Wood
Foundation TypeMasonry
Heat Fuel TypeNatural Gas
Heat TypeHot Water
Roof InformationFlat,Tar/Gravel

All Photos (20)

Affordability Calculator

$2,599,000

Down Payment$519,800
Loan Amount$2,079,200
Principal & Interest$13,142/mo
Property Tax$2,599/mo
Insurance$100/mo
Est. Monthly$15,841/mo

Listing Agent

L

Lani Liu-Helisch

Sovereign Properties

Contact Lani Liu-Helisch

Fill out the form below and we will respond promptly.

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24144813
Last Updated2026-05-11