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Executive Summary
Exceptional opportunity to purchase a cash-flowing six-unit brick multifamily property in Hartford's sought-after South End. The Property is comprised of Six - 2-Bedroom, 1-Bathroom units and features a three-story building offering approximately 5,376 square feet of gross living area on a 0.14-acre lot with off-street parking. The Property benefits from a newer roof and separately metered, tenant-paid utilities, supporting efficient operations and long-term durability. The Property offers convenient access to Downtown Hartford, major employers, hospitals, schools, retail amenities and public transportation.
Property Facts
| Price | $599,999 | Building Class | C |
| Price Per Unit | $100,000 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 8,319 SF |
| Cap Rate | 8.49% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 0.72/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | NX-2 | ||
| Price | $599,999 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 8.49% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,319 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | NX-2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | HTFD-000251-000679-000223 | Improvements Assessment | $229,390 |
| Land Assessment | $39,480 | Total Assessment | $268,870 |
Property Taxes
Parcel Number
HTFD-000251-000679-000223
Land Assessment
$39,480
Improvements Assessment
$229,390
Total Assessment
$268,870
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