$1,100,000 Price Analysis    ♡   Hartford, CT 06120 20 bed 12 bath 9,264 SqFt ($118/SqFt) 0.47 acre lot. Built 1990 Listed 2022-10-18, Taxes $18,737 | Ⓧ USDA Ineligible due to price & location near Hartford |
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990.
Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy.
Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedr oom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bd/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153, 600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
Presented by Michael Truong at
exp Realty.
Property MLS #170530368 from SMARTMLS
Basement Description: Full, Unfinished
Full Bathrooms: 8
1/2 Bathrooms: 4
Heating Fuel: Natural Gas
Water Heaters: 40 Gallon Tank, Natural Gas
Lot Size Acres: 0.469
Lot Size Square Feet: 20430
Garage Description: Paved, Off Street Parking, Parking Lot
Parking Features: 14
Medical Facilities
Park
Playground/Tot Lot
Shopping/Mall
Walk to Bus Lines
High School: Per Board of Ed
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Hartford
Directions: Main St to Battles St to Bellevue St
Source Property Type: Multi-Family For Sale
Postal Code Plus 4: 2103
Zoning: NX-1
Property Subtype: 5 Family+
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $230,930 + $21,280 $252,210 | $18,737 |
| 2020 | $230,930 + $21,280 $252,210 | $18,737 |
| 2019 | $230,930 + $21,280 $252,210 | $18,737 |
| 2018 | $230,930 + $21,280 $252,210 | $18,737 |
| 2016 | $221,270 + $20,160 $241,430 | $17,936 |
| 2015 | $205,465 + $18,720 $224,185 | $16,655 |
| 2013 | $173,855 + $15,840 $189,695 | $14,092 |
| 2006 | $80,570 + $12,320 $92,890 | $6,021 |
| 2004 | $73,200 + $11,200 $84,400 | $2,920 |
| 2003 | $99,700 + $16,000 $115,700 | $6,123 |
$1,100,000
SMARTMLS
Listing removed 2024-01-01
$0
SMARTMLS
Price Changed 2023-08-04
$1,100,000
SMARTMLS
Listed 2022-10-18
$1,300,000
SMARTMLS
Operating Expense: 56793
Year Built: 1990
Above Grade Finished Area: 9264
Attic: Attic Description: Access Via Hatch, Attic YN: Y
Building Exterior Type: Vinyl Siding
Construction Materials: Frame
Foundation Details: Concrete
Property Age: 34
House Style: Units are Side-by-Side
Total Area Sqft: 9264
Water Source: Public Water Connected
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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.