$390,000 Price Analysis    ♡   Hartford, CT 06114 8 bed 3 bath 3,350 SqFt ($116/SqFt) 6,098SqFt lot. Built 1925 Listed 2024-04-03, Taxes $4,324 | Ⓧ USDA Ineligible due to location near Hartford |
Nestled in the vibrant heart of Hartford
* Sale Pending *CT, 204-206 South St. presents a remarkable investment pportunity. This three-story property encompasses three distinct units, tailored for both comfort and convenience. With vast 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 a stone's throw away, you don't want to miss out on this investme nt opportunity.
Presented by Tyler Devecchis at
Berkshire Hathaway HomeServices New England Properties - Glastonbury.
Property MLS #170613791 from SMARTMLS
Basement Description: Full
Full Bathrooms: 3
Heating Features: Heat Fuel Type: Natural Gas, Heat Type: Baseboard, Gas on Gas
Heating Fuel: Natural Gas
Gutters
Lighting
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Garage Description: Paved, On Street Parking, Driveway
Parking Features: 2
Medical Facilities
Park
Playground/Tot Lot
Private School(s)
Public Pool
Public Transportation
Walk to Bus Lines
High School: Per Board of Ed
Map directions Map directions Map directionsSource Listing Status: Under Contract
County: Hartford
Directions: GPS friendly
Source Property Type: Multi-Family For Sale
Postal Code Plus 4: 2934
Zoning: N2-3
Property Subtype: 3 Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $43,960 + $14,245 $58,205 | $4,324 |
| 2020 | $43,960 + $14,245 $58,205 | $4,324 |
| 2019 | $43,960 + $14,245 $58,205 | $4,324 |
| 2018 | $42,478 + $13,765 $56,243 | $4,178 |
| 2016 | $39,844 + $13,109 $52,953 | $3,934 |
| 2015 | $37,951 + $12,487 $50,438 | $3,747 |
| 2013 | $36,121 + $11,884 $48,005 | $3,566 |
| 2006 | $104,370 + $18,550 $122,920 | $5,200 |
| 2004 | $74,300 + $9,700 $84,000 | $2,906 |
| 2003 | $104,300 + $13,900 $118,200 | $3,860 |
$390,000
SMARTMLS
Sold 2023-04-26
$350,000
SMARTMLS
Year Built: 1925
Above Grade Finished Area: 3350
Building Exterior Type: Aluminum
Construction Materials: Frame
Foundation Details: Concrete
Property Age: 99
House Style: 3updown - Unit(s) per Floor
Total Area Sqft: 3350
Water Source: Public Water Connected, Public Water In Street
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.