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$849,999
Est. payment /mo
17 Beds
6 Baths
7,242 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 7,242 sqft
Price per Sqft $117
MLS Listing ID 24161875
Style 3sides - Units Are Side-by-Side
Bedrooms 17
Full Baths 6
Year Built 1920
Annual Tax Amount $16,854
Lot Size 6,098 Sqft
Property Sub-Type 5 Family+
Property Description
ATTENTION INVESTORS---Welcome to 186-188 Benton Street, a well-maintained, second-generation owned six-family property in Hartford's South End offering strong income potential and desirable upgrades throughout. This property presents a compelling opportunity to achieve immediate, positive yield with additional upside through continued rent optimization. Based on current income and expenses, the property is projected to operate at an attractive capitalization, with the potential for further expansion as rents are adjusted and ancillary income streams are maximized. All units are rented to stable, long-term tenants. All units have been renovated with updated finishes. Five units have been modified to three-bedrooms for increased rental desirability. A new hot water heater, six new boilers, separate tenant-paid utilities, coin-operated washers, off-street parking and secure storage rooms in the basement make this property desirable for tenants and profitable for investors. Check it out today!
Location
State CT
County Hartford
Zoning NX-2
Rooms
Basement Full, Shared Basement, Storage, Concrete Floor, Full With Walk-Out
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features Parking Lot, Off Street Parking, Driveway
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Brick, 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 Karen Kvietkauskas • Berkshire Hathaway NE Prop.
Nearby Locations
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