$390,000
$370,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
3,350 SqFt
SOLD DATE : 10/16/2024
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $116
MLS Listing ID 24042456
Sold Date 10/16/24
Style 3updown - Unit(s) per Floor
Bedrooms 8
Full Baths 3
Year Built 1925
Annual Tax Amount $6,353
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
Nestled in the vibrant heart of Hartford, CT, 204-206 South St. presents a remarkable investment opportunity. This three-story property encompasses three distinct units, tailored for both comfort and convenience. With spacious layouts, two of these units feature three bedrooms and a bathroom each, while the third unit provides two bedrooms and a bathroom. Each unit in this property boasts hardwood flooring that extends throughout. The units have been thoughtfully updated, featuring newer walls, ceilings, and modern lighting fixtures. The heating system was recently completely upgraded including all new equipment, thermostats, etc. Outside, the property features a large yard and off-street parking is available. The design of the units emphasizes generous living and dining spaces, accompanied by comfortably sized bedrooms. Additionally, each unit also includes its own foyer. The property ensures financial ease for the owner, as it is separate gas for tenants, 1 furnace and 1 hot water heater. The recently entirely renovated available third-floor unit stands out as an ideal choice for owner-occupancy but also meets all necessary codes for housing and commanding a rent of $1950. This aligns with the proforma rents for the other floors, suggesting strong income potential across the property. Offering easy access to transportation and with Downtown Hartford just a stone's throw away, you don't want to miss out on this investment opportunity.
Location
State CT
County Hartford
Zoning N2-3
Rooms
Basement Full
Interior
Heating Baseboard, Gas on Gas
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Gutters, Lighting
Parking Features None, Paved, On Street Parking, Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected, Public Sewer In Street
Water Public Water Connected, Public Water In Street
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Jephte Antoine • Shinebrite Brokerage LLC
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Broker | License ID: REB.0794005