$497,000
$599,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
12,346 SqFt
SOLD DATE : 04/26/2021
Key Details
Sold Price $497,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,346 sqft
Price per Sqft $40
MLS Listing ID 170256263
Sold Date 04/26/21
Year Built 1910
Annual Tax Amount $28,800
Lot Size 6,098 Sqft
Property Description
Attention Investors! This property is a four story, plus basement mixed use building originally constructed circa 1910 comprising of roughly 12,346 sq. ft of above grade gross building area situated on 6,085 sq.ft. of MS-1 zoned land in one of the busiest business corridors in Hartford. Great opportunity to own an income producing building in a high traffic area. In total this property has 3 fully occupied retail units, one of which is currently being used by owner as a furniture store. In addition to the ground level retail space, there are an additional nine residential units and 0% vacancy rate. Six units offer 3 bedrooms and three units offer one bedroom. All have separate utilities. Rental income is below market rate, so there is an immediate opportunity to increase income. Motivated seller.
Location
State CT
County Hartford
Zoning MS-1
Interior
Interior Features Living Space Available
Heating Steam
Cooling None
Exterior
Exterior Feature Awnings, Sidewalk, Storage Building
Garage None
Utilities Available Electric Available, Gas Available, Phone Available, Cable Available
Roof Type Tar/Gravel
Building
Lot Description Corner Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Ilka D. Torres • Keller Williams Realty
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Broker | License ID: REB.0794005