NOT LISTED FOR SALE

44 Otis St Hartford, CT 06114

South End Neighborhood
-- Bed
-- Bath
4,501 Sq Ft
0.25 Acres

Last Sold December 08, 2022

Last sale price $500,000 $111 Per Sq Ft

95 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Public Transportation
  • Renzulli Gifted and Talented Academy Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of December 2022

44 Otis is a desirable 5-unit, brick multifamily in the Southend of Hartford. Five units have two bedrooms. There is an additional unit that has one bedroom. All units are spacious and each has separate electric utilities. Owner pays heat for 4 units. All tenants pay for their electricity.

Upside potential here is that the rents are below market value. There are two vacant units now that present a unique opportunity to start moving rents for a better ROI. Additionally, there is an area in the basement for the addition of a coin-operated laundry, and finally, the off-street parking could also be decoupled from the leases allowing for an extra parking fee.

Don't miss out on this opportunity as this property is in an area with high rental demand!

Last Agent to Sell the Property

Ilka Torres

Torbello Real Estate Advisors License #REB.079432 Listed on: 07/29/2022

Last Buyer's Agent

Tonya Beamon

S Young Realty & Associates LL License #RES.0774516

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,045

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 4,501 Sq Ft Home
  • City Views

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement
  • Laundry in Basement

Parking

  • 6 Parking Spaces
  • Private Driveway
  • Paved Parking
  • Off-Street Parking
  • Unassigned Parking

Location

  • Property is near public transit

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,045

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4501
  • Public Record Living Room Sq Ft: 4501
  • Total Sq Ft: 4501
  • Year Built: 1964
  • Nearby Amenities: Library, Public Transportation
  • Remarks Public Addendum: Please note the town record only records 5 units but there are clearly 6 units in the building. The 6th unit has no certificate of occupancy. This is an estate sale.
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5580
  • Tax Year Updated Dt: 08/01/2022
  • Directions: Campfield to Otis.
  • Special Features: None

Interior Features

  • Basement Description: Full, Apartment
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Street Number Modifier: 44

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Unassigned Parking, Off Street Parking
  • Driveway Type: Private
  • Total Parking Spaces: 6

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • 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: 0.2500
  • Lot Description: City Views, Level Lot
  • Zoning: N2-3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 14045
  • Total Assessed Value: 203700
  • Mil Rate Base: 68.950
  • Mil Rate Total: 68.950
  • Assessor Parcel Number: 595445

Multi Family

  • Total Num Of Units: 5

MLS Schools

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
12/08/2022 12/08/22 Sold $500,000 +0.2% $111 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $499,000 -- $111 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ilka Torres

    Seller's Agent in 2022

    Ilka Torres

    Torbello Real Estate Advisors

    (860) 266-5757

    10 in this area

    193 Total Sales

    Ilka Torres
    Section Image
  • Tonya Beamon

    Buyer's Agent in 2022

    Tonya Beamon

    S Young Realty & Associates LL

    (860) 250-6827

    2 in this area

    21 Total Sales

    Tonya Beamon
    Section Image
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Map

Source: SmartMLS

MLS Number: 170512859

SmartMLS
Connecticut Hartford County Hartford 06114 South End

44 Otis St, Hartford, CT

This home is located at 44 Otis St, Hartford, CT 06114 since 29 July 2022. This property was built in 1964. 44 Otis St is a home located in Hartford County with nearby schools including Asian Studies School At Dwight/Belizzi School, Dr. James H Naylor/Ccsu Leadership Academy, and M. D. Fox School.

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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