Great investment opportunity.
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
The median home value in Hartford, CT is $129,700. This is lower than the county median home value of $232,600. The national median home value is $219,700. The average price of homes sold in Hartford, CT is $129,700. Approximately 20.31% of Hartford homes are owned, compared to 65.03% rented, while 14.66% are vacant. Hartford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hartford real estate agent to arrange a tour today!
Hartford, Connecticut 06120 has a population of 124,390. Hartford 06120 is less family-centric than the surrounding county with 14.27% of the households containing married families with children. The county average for households married with children is 29.4%.
The median household income in Hartford, Connecticut 06120 is $33,841. The median household income for the surrounding county is $69,936 compared to the national median of $57,652. The median age of people living in Hartford 06120 is 30.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 50.8 inches per year, with 38.2 inches of snow per year.