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$399,900
Est. payment /mo
12 Beds
3 Baths
4,671 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,671 sqft
Price per Sqft $85
MLS Listing ID 24210257
Style 3updown - Unit(s) per Floor
Bedrooms 12
Full Baths 3
Year Built 1890
Annual Tax Amount $7,336
Lot Size 6,098 Sqft
Property Sub-Type 3 Family
Property Description
ATTENTION INVESTORS! Rare brick 3-family offering exceptionally large four-bedroom layouts, strong in-place income and significant rental upside. Each apartment is configured with 4 bedrooms, each with a window, closet and door, while still offering a separate living room and kitchen. Property has a history of housing-assisted tenancies utilizing the four-bedroom configuration. Fully occupied and currently generating $4,375/month ($52,500 annually). Units 2 and 3 were renovated in 2024. Seller's market-rent analysis supports approximately $1,850-$2,000/month per unit, or $5,550-$6,000/month total. Each apartment has separate gas and electric meters, plus a separate owner electric meter. Additional features include brick construction, approximately 4,671 SF of living area, rear parking and a detached 3-bay garage. Convenient Frog Hollow location near Hartford Hospital. Excellent opportunity for current cash flow and future NOI growth. Sold as-is.
Location
State CT
County Hartford
Zoning NX-3
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Exterior Feature Balcony, Covered Deck
Parking Features Detached Garage, On Street Parking
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Concrete, Masonry
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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