NOT LISTED FOR SALE

217 Main St East Hartford, CT 06118

7 Beds
4 Baths
3,106 Sq Ft
0.36 Acres

Last Sold August 04, 2021

Last sale price $370,400 $119 Per Sq Ft

3 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Public Transportation
  • Attic
  • No HOA
  • Baseboard Heating

About This Home

As of August 2021

This multi-family home property offers an excellent income producing opportunity. Updates galore! Wonderful owner occupied investment opportunity where you can live in one of the 4 units and generate income from the other three apartments! Or investor owned and collect all four rents generating positive monthly cash flow. Offering a brand new roof with transferable 50 year warranty. The chimney and foundation have been repointed and the vinyl siding of the home has been well maintained and recently power washed. All units updated with NEW windows, appliances, flooring, baths, kitchens w/granite countertops. This is a must see property! All new exterior and hallway doors for safety and security. Featuring 4 apartments total, this turn-key investment offers off street-parking and has been updated with separate furnaces, hot water heaters and electrical. Separate owner meter for common lights and owner owned coin-operated laundry. Each of the apartments has 3 spaces off-street parking included with rent. New front and rear concrete steps and patios and updated rear wood stairs. There are three, 2-bedroom apartments, and one 1-bedroom apartment. This 4 unit multi-family home has been updated and renovated offering the next owner an excellent investment opportunity. Convenient location for shopping, highway access to Rte 2, I-84 and I-91, Glastonbury, Harford and more! Tons of amenities within minutes and located steps away from the bus line. Opportunity awaits!

Last Agent to Sell the Property

Joshua Brown

KW Legacy Partners License #RES.0791127 Listed on: 06/16/2021

KW Legacy Partners

Co-Listed By

Margaretann Fiderio

William Raveis Real Estate License #RES.0807559

Last Buyer's Agent

Amir Spears

Coldwell Banker Realty License #RES.0786949

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,827

Year Built

  • Built in 1860

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,106 Sq Ft Home
  • Unfinished Basement
  • Crawl Space
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,827

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 4updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3106
  • Public Record Living Room Sq Ft: 3106
  • Total Sq Ft: 3106
  • Year Built: 1860
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4705
  • Tax Year Updated Dt: 07/19/2021
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Crawl Space
  • Basement Description: Unfinished
  • Laundry Room Location: Located in basement
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes
  • Street Number Modifier: 217

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.3600
  • Lot Description: Corner Lot, Level Lot
  • Zoning: R-3

Multi Family

  • Gross Annual Income: 43800
  • Net Operating Income: 32545
  • Unit Count: 4
  • Total Multi Family: 19
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6827
  • Total Assessed Value: 138330
  • Mil Rate Base: 49.350
  • Mil Rate Total: 49.350
  • Assessor Parcel Number: 516295

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $370,400 +1.6% $119 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $364,400 -- $117 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170401909

SmartMLS