For Sale Details
$133,333.00 / unit
- Property Type Multifamily / Mid-Rise
- Sale Type Owner-User
- Status Active
- Created 10/30/26
- Updated 10/30/26
About 544 Tolland Street, East Hartford, CT 06108
Chozick Realty is pleased to offer the Grand Prix Apartments, a 45-unit apartment building at 544 Tolland Street, East Hartford, CT. The property has an outstanding operating history with many recent updates. Approximately two-thirds of the units have been fully renovated, offering a turnkey investment with further upside in rental growth.
The three-and-a-half-story residential building was constructed in 1965 and contains 44 one-bedroom apartments and 1 studio. Features include double-pane aluminum slider windows, a rubber membrane (EPDM) roof, a central gas-fired heat and hot water system, a handicapped lift at the front lobby, and approximately 49 on-site parking spaces. The property is fully occupied and close to the Manchester town line.
Building Details
- Year Built: 1965
- Number of Units: 45
- Number of Stories: 3.5
- Number of Buildings: 1
Land Details
Financial Characteristics
- Cap Rate: 7.1%
- Financials Based On: Pro Forma
- Occupancy Percent: 95%
The Multifamily / Mid-Rise property at 544 Tolland Street, East Hartford, CT 06108 is currently available for sale. Contact Rick Chozick from Chozick Realty CRXE Group for more information.
About this area: East Hartford, CT
Apartment sales in East Hartford, last 12 months
East Hartford is a major industrial and office center. Pratt & Whitney's headquarters and plants, the RTX Technology Research Center and Rentschler Field anchor the south end of town. Commercial property follows Main Street, Silver Lane, Burnside Avenue and the I-84 and Route 2 corridors. Manufacturing is the largest job sector, and commercial and industrial property makes up 23% of the net grand list. CTfastrak and CTtransit buses serve the town.
| Population | 50,918 |
|---|---|
| Jobs located here | 27,158 |
| Largest employers | Pratt & Whitney, RTX Technology Research Center, Goodwin University, American Eagle Financial Credit Union, Coca-Cola Beverages Northeast |
| Highways | I-84, Route 2, Route 15, US 5, Route 44 |
| People within a 45-minute drive | 1,941,311 |
| Median household income | $70,778 |
| County | Hartford County |
Town facts: AdvanceCT and CTData Collaborative, 2026 Town Profile
All commercial real estate for sale in East Hartford · Connecticut market report
