486 Prospect Avenue, Hartford, CT 06105
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$439,000
Est. payment /mo
4 Beds
4 Baths
3,190 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,190 sqft

Price per Sqft $137

MLS Listing ID 24175658

Style Units on different Floors

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $9,687

Lot Size 9,147 Sqft

Property Sub-Type 4 Family

Property Description

Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.

Location

State CT

County Hartford

Zoning N2-2

Rooms

Basement Full, Unfinished, Hatchway Access, Interior Access, Full With Hatchway

Interior

Heating Hot Water

Cooling Window Unit

Exterior

Exterior Feature Sidewalk, Porch, Gutters, Lighting

Parking Features Detached Garage, Paved, Off Street Parking, Driveway

Garage Spaces 3.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Per Board Of Ed


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Listed by Stanley Gutt • Premier Re Group LLC

 

Nearby Locations

 

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Dawn Cabral

Dawn Cabral

Owner/Broker

+1(203) 228-7564

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486 Prospect Avenue