$ 1,100,000
270-276 Bellevue Street Hartford, CT 06120
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$ 1,100,000
Est. payment | /mo
20 Beds
14 Baths
9,264 SqFt
$ 1,100,000
Est. payment | /mo
20 Beds
14 Baths
9,264 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,264 sqft
Price per Sqft $118
MLS Listing ID 170530819
Bedrooms 20
Full Baths 10
Half Baths 4
Year Built 1990
Annual Tax Amount $25,894
Lot Size 0.469 Acres
Property Description
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
Location
State CT
County Hartford
Zoning NX-1
Interior
Heating Baseboard
Cooling None
Exterior
Garage Paved, Off Street Parking, Parking Lot
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Michael Truong • eXp Realty
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Ilka Torres
Broker | License ID: REB.0794005