$590,000
$649,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
8,490 SqFt
SOLD DATE : 10/28/2020
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 8,490 sqft
Price per Sqft $69
MLS Listing ID 170322196
Sold Date 10/28/20
Style Units on different Floors,Other
Bedrooms 7
Full Baths 6
Year Built 1920
Annual Tax Amount $21,274
Lot Size 8,276 Sqft
Property Sub-Type 5 Family+
Property Description
Rare opportunity to obtain 100% occupied, excellent turnkey investment in West End Hartford! 12 income producing units in a highly desirable location. Generate strong cash flow with 9% Cap Rate consisting of a mix of 10 One Bedroom, 1 Two Bedroom, and 1 Studio. All utilities separately metered - each unit with its own boiler and water heater. Tenants pay all utilities with exception of water/sewer/garbage. Updated electrical circuit breakers, vinyl windows, parking lot in back. Well maintained units with great layout, close to shopping, restaurants, park, busline, and Hwy I-84. Initial showing for 1 unit, common areas, and basement only with Listing Agent to be present. Must provide Proof of Funds or Pre-Approval Letter prior to showing request. Do not disturb tenants. Rest of occupied units shown upon accepted offer. Rent Roll and I&E available upon request.
Location
State CT
County Hartford
Zoning NX-2
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Off Street Parking, Parking Lot
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Yasmina H. Rink • Scalzo Real Estate
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Broker | License ID: REB.0794005