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204-206 Magnolia St
Hartford, CT 06112
204 Magnolia Street · Multifamily Property For Sale
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6 Units
Investment Highlights
- Access & Connectivity
- Recent Capital Improvements
- Off-Street Parking
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Strong Rental Demographics & Demand
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 204 Magnolia Street in Hartford, CT (the “Property”). The three-story building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 3-Bedroom/1-Bathroom units with 6,480 square feet of gross living area in 9,228 square feet of gross area. The Property is situated upon a 0.17-acre parcel and offers off street parking. 204 Magnolia Street is well-positioned within Hartford’s Upper Albany neighborhood, offering convenient access to downtown Hartford and surrounding residential areas. The property benefits from proximity to major transportation corridors including Interstate 84 and Interstate 91, providing efficient regional connectivity throughout Greater Hartford and to employment centers across Central Connecticut. Nearby retail centers, neighborhood services, educational institutions, and recreational amenities further enhance day-to-day convenience and support long-term tenant appeal.
Property Facts
| Price Per Unit | $114,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 10.27% | Building Size | 9,228 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | ||
| Zoning | NX-2 - intended for neighborhood areas with a wide mix of building forms, including apartment buildings, stacked flats, and multi-unit house type B buildings | ||
| Price Per Unit | $114,167 |
| Sale Type | Investment |
| Cap Rate | 10.27% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,228 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | NX-2 - intended for neighborhood areas with a wide mix of building forms, including apartment buildings, stacked flats, and multi-unit house type B buildings |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Basement
Site Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | HTFD-000219-000217-000018 | Improvements Assessment | $198,310 |
| Land Assessment | $26,320 | Total Assessment | $224,630 |
Property Taxes
Parcel Number
HTFD-000219-000217-000018
Land Assessment
$26,320
Improvements Assessment
$198,310
Total Assessment
$224,630
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