911 Asylum Ave
Hartford, CT 06105
10% CAP | 30 Units | Turn Key Opportunity · Multifamily Property For Sale
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30 Units
Property Facts
| No. Units | 30 | Building Size | 23,302 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1926/2016 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.61 AC | ||
| Zoning | ro1 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 23,302 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1926/2016 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | ro1 |
Amenities
Unit Amenities
- Cable Ready
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Carpet
- Handrails
- Mud Room
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
About 911 ASYLUM AVE , HARTFORD, CT 06105
The Cozzi Team is pleased to present this 30 unit, brick, turn key investment opportunity with an 8.5% CAP rate. This asset benefits from the Asylum Hill area of Hartford and is located across the street from Saint Francis Medical Center. The Subject has recently undergone multiple building updates including: a new rubber roof, new insulated glass windows, and new plumbing. Over 50% of the apartments have been substantially renovated including: hardwood floors, new appliances, and nicely updated kitchens and bathrooms. Overall, all other units are well kept and maintained. The owner pays the H & HW (gas). The electric is updated, separate and tenant paid. There is common laundry located in the basement. There is no off-street parking. There is an on-site super that lives in the building. This is a great opportunity to own 30 units in 1 building that is turn key, has a good return and benefits from a desirable neighborhood for investors, renters and businesses. Note: Owner has converted property to condo status. New tax amount will start July 2019 and is reflected on I&E *We also have 11 units next door, 100% occupied with ample off-street parking which allows for the option to purchase 41 units + parking.
