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$599,999
Est. payment /mo
3 Baths
1.93 Acres Lot
UPDATED:
03/07/2025 12:58 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24077320
Full Baths 3
Year Built 1913
Annual Tax Amount $115,595
Lot Size 1.930 Acres
Property Description
Excited to present 11 Charter Oak Place, a well-priced adaptive reuse opportunity in one of Hartford's most historic and sought-after neighborhoods. Adjacent to a stunning row of brownstones selling for $225K-$315K, this former convent has city-reviewed plans for conversion into 16 residential units: one 2-bed (860 SF), eight 1-beds (582 SF), and seven studios (438 SF). The local rental market supports strong pricing. Nearby 500-700 SF units at 37 Charter Oak Place rent for $1,250/month with average finishes, while new 1-beds achieve $1,650. Studios (330-466 SF) rent for $1,300-$1,380, and 2-beds command ~$1,800/month. Located in the Charter Oak Place Historic District, the property offers a rare mix of charm and modern convenience, just a short walk to Downtown Hartford, major employers, and cultural attractions-ideal for young professionals and renters seeking character-rich residences. This investment benefits from rising values, strong rental demand, and excellent walkability. With city-reviewed plans and a proven rental market, this is a rare chance to capitalize on a well-positioned development in a high-demand area.
Location
State CT
County Hartford
Zoning MX-2
Interior
Heating Gas on Gas
Cooling None
Exterior
Utilities Available Electric, Gas
Roof Type Flat
Building
Lot Description Sloping Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Lisa Cozzi • Century 21 AllPoints Realty