Listing Summary
Discover an outstanding opportunity to acquire a fully occupied, income-producing, six-unit brick building boasting an attractive 8+% capitalization rate.
Full Description
Discover an outstanding opportunity to acquire a fully occupied, income-producing, six-unit brick building boasting an attractive 8+% capitalization rate. Strategically located in one of Hartford's most coveted areas, this property offers unparalleled proximity to the State Capitol, various courthouses, vibrant downtown dining and retail, comprehensive public transit options, and major highway access.
This turnkey asset features spacious, updated two-bedroom units, showcasing a desirable fusion of classic brick exterior charm and modern interior finishes. The efficient design is further enhanced by separate, tenant-paid utilities and a condominium tax classification, maximizing investor cash flow and operational efficiency. Benefiting from a robust rental history and a stable tenant base, this property is situated within a high-demand rental corridor.
Whether you are a seasoned investor or actively seeking to enter Hartford's burgeoning multi-family real estate market, this property fulfills critical investment criteria: prime location, inherent stability, and significant upside potential.
Quick Glance
- Listing ID:
RL-Connecticut-25654
- Status:
Active
- Year Build:
1910
- Building Size:
6,864 SqFt
- Lot Size:
N/A