273 Asylum Street

Hartford, CT 06103 Directions
$3,550,000
  • 35,277Sqft
  • 0.3Acres
  • 1920Built
  • $101Price/Sqft

Property Highlights

  • Days on Market: 5
  • MLS: 24066970

Property Highlights

  • Days on Market: 5
  • MLS: 24066970

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,...

Property Highlights

  • Days on Market: 5
  • MLS: 24066970

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. Easy access to major thoroughfares including I-91, I-84, and Route 2 makes commuting effortless.

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. Easy access to major thoroughfares including I-91, I-84, and Route 2 makes commuting effortless.

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  • Additional Information
    • Area Type: Highway Access, Downtown
    • Average Days On Market: 4
    • Days On Market: 5
    • Is Occupied?: Vacant
    • Living Area SqFt: 35,277
    • Property Tax: $197,540
    • Road Frontage Description: Paved Road
    • Sewer: Public Sewer Connected
    • Status: Active
    • Tax Amount: $197,540
    • Tax Year: July 2024-June 2025
    • Type: Commercial For Sale
    • Utilities Available: Gas
    • Year Built: 1920
    • Zoning: DT-3
  • Interior/Exterior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Heat: Other
    • Living SqFt Source: Public Records
    • Roof: Flat, Tar/Gravel

Listing Courtesy of Lisa Cozzi of Century 21 AllPoints Realty.

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