435 Wethersfield Ave
Hartford, CT 06114
11+% CAP Investment Opportunity · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,643 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | B3 |
ABOUT 435 WETHERSFIELD AVE , HARTFORD, CT 06114
This property is a brick building, built in 1910 with 5,643 SF. It is Located in the south end. The unit mix consists of: (4) 2 bed/1 bath apartments and (2) 3 bed/1 bath apartments. 2 units are vacant – value add opportunity. There are hardwood floors throughout and various kitchen and bath updates. The utilities are separate and tenant paid and tenants are paying gas and electric. There was updated Electrical in 2006 + the roof was replaced + work on back porches. The property has thermal windows. There are a couple of off-street parking spaces available. Great investment opportunity with a 9+% CAP rate. Can be sold as a portfolio of 42 units, in Hartford.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $600.00 | - |
| 3+1 | 2 | $750.00 | - |
PROPERTY TAXES
| Parcel Number | HTFD-000274-000680-000002 | Improvements Assessment | $140,630 |
| Land Assessment | $39,480 | Total Assessment | $180,110 |
