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49 Benton St 6 Unit Apartment Building $699,900 ($116,650/Unit) 8.20% Cap Rate Hartford, CT 06114

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INVESTMENT HIGHLIGHTS

  • Separate/tenant paid utilities
  • New roof
  • Well managed and maintained
  • Numerous updated units/hot water heaters
  • Ample off street parking

EXECUTIVE SUMMARY

Fantastic 6 unit opportunity in Hartford's South End. This property offers immediate cash flow with continual growth and upside. 8+% in place CAP and all tenants current! Numerous units have recently been renovated with updated finishes, the roof is 3 years old and separate/tenant paid utilities make for low management costs. This solid, brick property has ample off street parking for tenant convenience and an established tenant base. Well-managed and maintained, this property is the perfect addition to your portfolio!

PROPERTY FACTS

Price $699,900
Price Per Unit $116,650
Sale Type Investment
Cap Rate 8.20%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 8,262 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2022
Parking Ratio 0.73/1,000 SF
Zoning R4

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - -
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HTFD-000251-000676-000150
Land Assessment
$39,480
Improvements Assessment
$149,170
Total Assessment
$188,650
  • Listing ID: 34810080

  • Date on Market: 2/12/2025

  • Last Updated:

  • Address: 49 Benton St, Hartford, CT 06114

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