$850,000
PENDING $50K PRICE DROP

Estimated payment $7,427/month

Total Views 13,839
1 Bed
1 Bath
8,742 Sq Ft
$97 Price per Sq Ft

Highlights

  • Porch
  • Heating System Uses Steam
  • 4-minute walk to Clemens Place Park
  • Property is near a bus stop
  • Level Lot

About This Home

Rarely available, 12 unit brick building in the city's West End neighborhood with a big value add opportunity. Property consists of all 1 bed/1 bath apartments with roughly 725 SF each. There is separate & tenant paid electric + central and owner paid gas H&HW (1 furnace and 2 newer hot water tanks). There is currently no laundry in the building. The property features fire rated doors to the exterior and units. The trash is city pick up (no dumpster). There are a few tandem parking spaces on the side and a fenced area w/additional parking in back. Unit renovations needed + rents are below market = great upside potential! Location is desirable for tenants - close to West Hartford, highway access and plenty of shops, restaurants and other amenities. 24+% ROI pro-forma.

Listing Agent

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 11/04/2024

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,135

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 5 Parking Spaces

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation
  • Flat Tile Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 8,742 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Property is near a bus stop

Utilities

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

Community Details

  • 12 Units
  • Gross Income $166,560

Listing and Financial Details

  • Assessor Parcel Number 599615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,135

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 8742
  • Total Sq Ft: 8742
  • Year Built: 1920
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Public Rec Facilities, 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
  • Directions: Farmington Ave to Sisson Ave
  • Financing Used: Private
  • Living Area Sq Ft Per Public Record: 8742
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Full, Unfinished
  • Laundry Room Info: None
  • Attic: No
  • Street Number Modifier: 252

Exterior Features

  • Exterior Features: Porch, Lighting
  • Exterior Siding: Brick
  • Foundation Type: Masonry, Stone
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Driveway Type: Unpaved
  • Total Parking Spaces: 5
  • Garage And Parking: None, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.18
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: NX-2
  • Parcel #: 599615

Multi Family

  • Gross Annual Income: 166560
  • Net Operating Income: 86686
  • Total Number Of Units: 12

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 32135
  • Total Assessed Value: 466060
  • Mil Rate Total: 68.95

MLS Schools

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

Map

Range of Values:

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Average Value
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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
12/04/2024 12/04/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $850,000 -5.5% $97 / Sq Ft
11/04/2024 11/04/24 For Sale $899,900 +106.9% $103 / Sq Ft
11/21/2017 11/21/17 Sold $435,000 0.0% $37 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/31/2017 10/31/17 Off Market $435,000 -- --
09/20/2017 09/20/17 Price Changed $465,000 0.0% $40 / Sq Ft
09/20/2017 09/20/17 For Sale $465,000 +6.9% $40 / Sq Ft
08/07/2017 08/07/17 Off Market $435,000 -- --
05/23/2017 05/23/17 Price Changed $469,000 -6.0% $40 / Sq Ft
03/03/2017 03/03/17 For Sale $499,000 +38.6% $43 / Sq Ft
09/22/2015 09/22/15 Sold $360,000 -16.3% $41 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $429,900 -- $49 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24057983

SmartMLS