1. Connecticut
2. Hartford
3. 273 Asylum Street

273 Asylum Street, Hartford, CT 06103

• 35,277 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 7, 2025 at 07:02PM

Listing Office:

Century 21 AllPoints Realty : (860) 263-2121

Listing Agent:

Lisa Cozzi : (860) 508-2102

MLS ID:

24085591

Interior

• A/C: Central Air
• Heating: Other

Construction

Location

Lot

Utilities

This listing courtesy of Lisa Cozzi, Century 21 AllPoints Realty