NOT LISTED FOR SALE

5 Franklin Place Unit A-I Hartford, CT 06114

South End Neighborhood
18 Beds
27 Baths
9,378 Sq Ft
0.58 Acres

Last Sold July 15, 2022

Last sale price $1,200,000 $128 Per Sq Ft

2 Days on Market

Highlights

  • 0.58 Acre Lot
  • Deck
  • 1 Car Attached Garage
  • Renzulli Gifted and Talented Academy Rated A-
  • No HOA
  • Central Air

About This Home

As of July 2022

Investors take notice, a true one of a kind up and down 9 unit condo style portfolio for sale situated in the South End of Hartford. This well maintained investment portfolio will not last long. All utilities including water and sewer are separated by each unit with very minimal landlord expenses. Each unit comes with off street parking, a garage, 2 bedrooms, 2.5 bathrooms, kitchen, eating area, family room, full unfinished basement, back porch, each unit has forced hot air and A/C, as explained prior all utilities are separated and paid for by tenants. This is a sure investment to make you positive cash flow every month, fully rented and up to date payments.

Do not trespass on private property, ALL SHOWINGS MUST BE CALLED INTO THE LISTING AGENT AND APPROVED PRIOR TO ARRIVING.

Last Agent to Sell the Property

Michael Treviso

Alpha Capital Realty, LLC License #RES.0820410 Listed on: 05/10/2022

Last Buyer's Agent

Dawn Satagaj

William Raveis Real Estate License #REB.0793617

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 9,378 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 18 Bedrooms

Parking

  • 1 Car Attached Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • M.D. Fox Elementary School
  • Bulkeley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Gross Income $111,756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 9378
  • Public Record Living Room Sq Ft: 1042
  • Total Sq Ft: 9378
  • Year Built: 1988
  • Remarks Public Addendum: Buyers must provide proof of funds in order to set up a viewing. The units are all the same in layout and condition. The listing agent will be present for all viewing appointments. (Portfolio is being sold AS-IS)
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 1478
  • Tax Year Updated Dt: 07/13/2022
  • Directions: It is a private road off of Franklin Ave, do not block road or driveways.
  • Special Features: None

Interior Features

  • Total Bedrooms: 18
  • Total Bathrooms: 27.00
  • Full Bathrooms: 18
  • Half Bathrooms: 9
  • Basement Description: Full
  • Laundry Room Location: In each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 5

Exterior Features

  • Exterior Features: Deck, Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage
  • Garages Number: 1
  • Driveway Type: Private

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • 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: M.D. Fox
  • High School: Bulkeley

Lot Info

  • Acres: 0.5800
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: NX-2

Multi Family

  • Gross Annual Income: 111756
  • Net Operating Income: 83616
  • Unit Count: 1
  • Total Num Of Units: 9

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1586
  • Total Assessed Value: 21350
  • Mil Rate Base: 74.290
  • Mil Rate Total: 74.290
  • Assessor Parcel Number: 2658924

MLS Schools

  • Elementary School: M.D. Fox
  • High School: Bulkeley

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 List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $1,200,000 +9.1% $128 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,100,000 -- $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: 170490004

SmartMLS