86 Edwards Street, Hartford, CT 06382
86 Edwards Street, Hartford, CT 06382
86 Edwards Street, Hartford, CT 06382
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Andrew Rasmussen-Tuller

Andrew Rasmussen-Tuller

+1(860) 382-8585
$499,900
Est. payment /mo
10 Beds
5 Baths
4,448 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,448 sqft

Price per Sqft $112

MLS Listing ID 24210094

Style 4updown - Unit(s) per Floor,Other

Bedrooms 10

Full Baths 5

Year Built 1920

Annual Tax Amount $11,892

Lot Size 10,018 Sqft

Property Sub-Type 5 Family+

Property Description

ATTENTION INVESTORS! Rare 5-unit multifamily opportunity directly across from the Hartford Pre-Kindergarten Magnet School campus. Offering immediate cash flow plus significant value-add potential, this property features two 1BR, two 2BR and one 4BR apartment. Four units are occupied, while renovated 2BR Unit 1S is intentionally vacant for showings and ready for immediate lease-up. Four units have been renovated between 2024-2026. Four units feature efficient tankless boilers, with the fifth served by a traditional boiler. Roof is reported to be approximately 3 years old. Current rent roll is $5,825/month including $1,200 attributed to vacant Unit 1S, with seller's market-rent analysis indicating potential gross rents of approximately $7,400-$8,000/month. A major additional feature is the substantial vacant grassy area at the rear of the property, providing potential for additional parking, garages or future development, subject to zoning, municipal approvals and buyer due diligence. Side and rear off-street parking. Sold as-is.

Location

State CT

County Hartford

Zoning NX-1

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Wall Unit

Exterior

Parking Features Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed


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Listed by Nauman Nafees • The Bella Group, LLC

Nearby Locations

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Andrew Rasmussen-Tuller

Andrew Rasmussen-Tuller

+1(860) 382-8585

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