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28 Whitney St 12 Unit Apartment Building $1,320,000 ($110,000/Unit) 7.15% Cap Rate Hartford, CT 06105
INVESTMENT HIGHLIGHTS
- Prime West End Location! Close to UConn Law & Downtown Hartford
- On Site Coin Op Laundry
- Updated Units, Roof, Furnace
EXECUTIVE SUMMARY
Rare, turn-key multifamily gem in the heart of Hartford's highly sought after West End. This stunning Tudor-style brick 12 unit building offers timeless architecture and modern amenities. Featuring six 1-bed/1-bath units and six 2-bed/1-bath units, the property is fully occupied with consistently low vacancy. There is a strong rental demand given the unbeatable location and tenant amenities including owner paid gas heat/hw, on site laundry and parking available for rent. The property is just a short walk/bike ride from UConn Law School and minutes to Downtown Hartford and major highways for easy commuting. With numerous updates completed within the last 5-7 years, this building provides ease of management and stable cash flow. A perfect addition to your portfolio!
PROPERTY FACTS
| Price | $1,320,000 | Apartment Style | Low-Rise |
| Price Per Unit | $110,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.15% | Building Size | 12,720 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1924/2021 |
| Zoning | R7 | ||
| Price | $1,320,000 |
| Price Per Unit | $110,000 |
| Sale Type | Investment |
| Cap Rate | 7.15% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 12,720 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2021 |
| Zoning | R7 |
AMENITIES
UNIT AMENITIES
- Balcony
- Eat-in Kitchen
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | HTFD-000133-000307-000032 | Improvements Assessment | $487,830 |
| Land Assessment | $105,350 | Total Assessment | $593,180 |
PROPERTY TAXES
Parcel Number
HTFD-000133-000307-000032
Land Assessment
$105,350
Improvements Assessment
$487,830
Total Assessment
$593,180
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28 Whitney St
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