Hartford, CT 06106,741 Park Street

$497,000

$599,000

17.0%
Est.Price: ?

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Est. payment /mo

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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Listed by Ilka D. Torres • KW Legacy Partners
Bought with Ilka D. Torres • Keller Williams Realty

GET MORE INFORMATION

Ilka Torres

Broker | License ID: REB.0794005

+1(860) 985-3788

1939 Broad St, Hartford, CT, 06114, USA

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