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$ 475,000
Est. payment | /mo
8 Beds
6 Baths
4,800 SqFt
$ 475,000
Est. payment | /mo
8 Beds
6 Baths
4,800 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $98
MLS Listing ID 24046940
Style Units on different Floors
Bedrooms 8
Full Baths 4
Half Baths 2
Year Built 1880
Annual Tax Amount $12,361
Lot Size 8,276 Sqft
Property Description
Great investment opportunity to purchase a turn-key FOUR family property yielding a 15% return at full market rents, which amounts to a yearly net cash flow of $30,000. The property is in great condition relative to: Unit condition, Exterior, Mechanicals and Parking (well above market condition overall). There are 4 oversized units, two 3 bed units and two 1 bed units. Utilities are tenant paid and there is ample off street parking. There is 1 vacant unit (3 bed), which makes this a great option for FHA, primary homeowners.
Location
State CT
County Hartford
Zoning NX-2
Rooms
Basement Full
Interior
Heating Steam
Cooling None
Exterior
Garage None
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description Level Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Anthony Velez • Realty Exclusive LLC
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Ilka Torres
Broker | License ID: REB.0794005