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7 Norfolk St
Hartford, CT 06112
Multifamily Property For Sale
·
21 Units
Investment Highlights
- Terrific Foundation for Future Operation - the eight-family building was completely gut rehabilitated four years ago - very well-maintained
- Strong Historical Occupancy - typically operates above 95% occupancy
- Across the Street from MLK Jr. Middle School and around the corner from Annie Fisher Montessori Magnet School
- Value-add Opportunity - review of comparable multifamily buildings in the area suggests the ability to increase rents by $150-175 per unit
- Great Location within Hartford - minutes from downtown central business district and only one mile to the border of West Hartford
Property Facts
| No. Units | 21 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 12,210 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1900/2021 |
| Zoning | R4 - R4 | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 12,210 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2021 |
| Zoning | R4 - R4 |
Amenities
Unit Amenities
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 1 | - | - |
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | HTFD-000174-000187-000003 | Improvements Assessment | $364,350 |
| Land Assessment | $48,720 | Total Assessment | $413,070 |
Property Taxes
Parcel Number
HTFD-000174-000187-000003
Land Assessment
$48,720
Improvements Assessment
$364,350
Total Assessment
$413,070
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