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174-176 Hillside Ave 16 Unit Apartment Building $1,615,000 ($100,938/Unit) Hartford, CT 06106
Investment Highlights
- Exceptional opportunity to acquire an income producing and fully renovated 16-unit brick asset in the South End of Hartford
- Capital improvements include a new boiler, upgraded electrical, and digitally controlled lockout thermostats, providing operational efficiency
- The units offer a clean and contemporary living space that attracts and retains quality tenants
Executive Summary
Exceptional opportunity to acquire an income producing and fully renovated 16-unit brick asset in the South End of Hartford. All units feature vinyl plank flooring and updated kitchens and bathrooms. The units offer a clean and contemporary living space that attracts and retains quality tenants. Capital improvements include a new boiler, upgraded electrical, and digitally controlled lockout thermostats, providing operational efficiency and long-term reliability. With significant upgrades already completed, this is a turnkey, low-maintenance investment, offering strong in-place and immediate income.
Property Facts
| Price | $1,615,000 | Building Class | C |
| Price Per Unit | $100,938 | Lot Size | 0.75 AC |
| Sale Type | Investment | Building Size | 9,236 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | B4 | ||
| Price | $1,615,000 |
| Price Per Unit | $100,938 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 9,236 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Opportunity Zone |
Yes |
| Zoning | B4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | HTFD-000184-000521-000052 | Improvements Assessment | $241,710 |
| Land Assessment | $52,640 | Total Assessment | $294,350 |
Property Taxes
Parcel Number
HTFD-000184-000521-000052
Land Assessment
$52,640
Improvements Assessment
$241,710
Total Assessment
$294,350
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174-176 Hillside Ave
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