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36-38 School Street

Hartford, Connecticut 06106

PENDING$1,249,900

Reduced from $1,399,900

Beds
12
Baths
12
SqFt
8,232
Acres
0.28
Year Built
1927
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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7-Car GaragePrice Reduced

About This Home

Well-maintained 12-unit multifamily investment opportunity located in Hartford's Barry Square neighborhood, just minutes from Hartford Hospital and Connecticut Children's Medical Center. This well-maintained 3-story property features twelve one-bedroom units totaling approximately 8,232 square feet on a 0.28-acre lot. Built in 1927, the asset offers a strong unit mix with consistent rental demand driven by its proximity to major employment centers, healthcare institutions, and Trinity College. The walkable location provides easy access to public transportation, downtown Hartford, shopping, and amenities, making it highly attractive to tenants seeking convenience and affordability. This property presents a compelling opportunity for investors seeking stable cash flow with long-term upside, including potential for rent growth through strategic management and improvements. This asset reflects strong investor activity in the area. Ideal for both seasoned and entry-level investors, this is a solid income-producing property in a growing Hartford rental corridor with immediate returns and long-term appreciation potential.

Key Facts

City/Town
Hartford
Neighborhood
N/A
Property / Style
Multi-Family · Other
Year Built
1927
Days on Market
93 days
Beds
12
Baths
12 full
Living Area
8,232 sq ft
Lot Size
0.28 acres
Garage / Parking
7 garage · 12 total
Property Taxes
$26,295 / Annually

Market Snapshot

The Hartford Market

Multi-Family · trailing 12 months

Median Days on Market

32

49 active listings

Median $ / Sq Ft

$120

49 active listings

Sale-to-List Ratio

100.0%

230 sales

How this home compares

List Price

$1.25M

vs $459,900 median

2.7× the median

Price / Sq Ft

$152

vs $120 median

26.7% above median

Days on Market

93 days

vs 32 days median

61 days longer than median

Based on 49 active and 230 closed sales (trailing 12 mo) of multi-family in Hartford. Source: SmartMLS · As of July 28, 2026.

Location

36-38 School Street, Hartford, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$8,981

per month

  • Principal & Interest$6,373
  • Property Taxes$2,191
  • Insurance$417
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Hartford
Neighborhood
N/A
County
Hartford

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Other
Year Built
1927
New Construction
No/Resale
Living Area
8,232 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Electric
Cooling
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.28 acres
Zoning
NX-2
Garage / Parking
7 garage spaces12 total parking spacesCarportParking LotDrivewayPaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Color
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
N/A

Listing & Financials

Property Taxes
$26,295 / Annually
Days on Market
93
MLS #
24170240
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Shy Grahame

(860) 617-1740

Berkshire Hathaway NE Prop.

(860) 633-3674

Co-Listed By

Alana McKinney

Berkshire Hathaway NE Prop.

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 5:25 AM UTC.