NOT LISTED FOR SALE

248 Franklin Ave Unit A Hartford, CT 06114

Barry Square Neighborhood

Estimated Value: $90,000 - $742,141

12 Beds
6 Baths
5,200 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $585,000 $112 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,734/month

1 Day on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Renzulli Gifted and Talented Academy Rated A-
  • 3 Car Detached Garage
  • 2-minute walk to Bond Street Parkette

About This Home

As of July 2022

Opportunity to purchase a condo status building with 20+% ROI , fully occupied with all large, 2 Bed/1 Bath Units. Property features: Flat Rubber Roof – approx. 10 years-old, Flat Rubber Roof – less than 5 years-old on Garage, Separate & Tenant Paid Utilities (all gas H, HW and cooking), 6 updated Electric Panels + Owner’s Meter and Replacement Windows throughout. The units feature: Private Porches for Each Unit, Hardwood Floors Throughout, Washer & Dryers in Each Unit, Updated Units: Kitchens: Oak Cabinets | Counters | Flooring and updated Baths: Ceramic Tile | New Toilets & Vanities. There is also Off Street Parking + Curb Appeal Additional income with 3 car-detached Garage in Back Rented to Separate Tenant! Don't miss this condo/building opportunity with $51k + NOI in the south end!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 03/14/2022

Oxford Realty

Last Buyer's Agent

Anthony Velez

VC Property Group, LLC License #REB.0795536

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Brick Exterior Construction
  • Stone Foundation
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 5,200 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Public Transportation
  • Gross Income $78,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5200
  • Public Record Living Room Sq Ft: 860
  • Total Sq Ft: 5200
  • Year Built: 1920
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 860
  • Tax Year Updated Dt: 03/14/2022
  • Directions: located on Franklin Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 248

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, Off Street Parking
  • Garages Number: 3
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • 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: 0.2300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: MX-1

Multi Family

  • Gross Annual Income: 78900
  • Net Operating Income: 51117
  • Unit Count: 6
  • Total Multi Family: 30
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1318
  • Total Assessed Value: 17745
  • Mil Rate Base: 74.290
  • Mil Rate Total: 74.290
  • Assessor Parcel Number: 597240

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

Mortgage History

Date Status Borrower Loan Amount
Closed Shri Ram Llc $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $585,000 0.0% $113 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $585,000 -- $113 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,556 $22,565 $0 $22,565
2023 $1,556 $22,565 $0 $22,565
2022 $1,556 $22,565 $0 $22,565
2021 $1,318 $17,745 $0 $17,745
2020 $1,318 $17,745 $0 $17,745
2019 $1,318 $17,745 $0 $17,745
2018 $1,274 $17,147 $0 $17,147
2016 $983 $13,238 $0 $13,238
2015 $937 $12,609 $0 $12,609
2014 $914 $12,301 $0 $12,301
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2022

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    9 in this area

    172 Total Sales

    Section Image
  • Anthony Velez

    Buyer's Agent in 2022

    Anthony Velez

    VC Property Group, LLC

    (860) 300-3102

    2 in this area

    21 Total Sales

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Map

Source: SmartMLS

MLS Number: 170473659

SmartMLS

APN: HTFD-000251-000679-000233

Connecticut Hartford County Hartford 06114 Barry Square

248 Franklin Ave Unit A, Hartford, CT

This home is located at 248 Franklin Ave Unit A, Hartford, CT 06114 since 14 March 2022 and is currently estimated at $393,035, approximately $75 per square foot. This property was built in 1920. 248 Franklin Ave Unit A is a home located in Hartford County with nearby schools including M. D. Fox School, Asian Studies School At Dwight/Belizzi School, and Dr. James H Naylor/Ccsu Leadership Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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