NOT LISTED FOR SALE

East Hartford, CT 06118

-- Bed
-- Bath
2,880 Sq Ft
10,019 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $283,000 $98 Per Sq Ft

8 Days on Market

About This Home

As of July 2020

This is a rare opportunity to own a turnkey, brick building with 4 units in East Hartford. The property consists of (4) 1 bed/1 bath apartments. The property has historically low vacancy and is currently 100% occupied. There are no subsidy tenants. All the units have been nicely renovated with SS appliances, granite counter-tops, new counters/cabinets, and updated bath rooms + flooring, fixtures and paint. The utilities are currently a central gas furnace for heat. The electric was updated to circuit breakers in 2020 - separate and tenant paid. The brick exterior is in good condition and there are replacement windows throughout. There is ample off-street parking behind the property. This is a great, truly turnkey investment with 11% CAP rate (actual) and almost 12% CAP proforma. Won’t last!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 06/15/2020

Oxford Realty

Last Buyer's Agent

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 06/15/2020

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,404

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Masonry Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Available at Street

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,404

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2880
  • Public Record Living Room Sq Ft: 2880
  • Total Sq Ft: 2880
  • Year Built: 1964
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4376
  • Tax Year Updated Dt: 07/06/2020
  • Directions: gps
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 41

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas
  • 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: 0.2300
  • Lot Description: N/A
  • Zoning: R-3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6404
  • Total Assessed Value: 128280
  • Mil Rate Base: 49.920
  • Mil Rate Total: 49.920
  • Assessor Parcel Number: 518416

Multi Family

  • Total Num Of Units: 4

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
07/20/2020 07/20/20 Sold $283,000 -14.2% $98 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $330,000 +119.3% $115 / Sq Ft
02/15/2019 02/15/19 Sold $150,500 +35.7% $52 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $110,900 -- $39 / 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
2025 $8,270 $180,170 $36,700 $143,470
2024 $7,927 $180,170 $36,700 $143,470
2023 $7,664 $180,170 $36,700 $143,470
2022 $7,387 $180,170 $36,700 $143,470
2021 $6,331 $128,280 $27,800 $100,480
2020 $6,404 $128,280 $27,800 $100,480
2019 $6,300 $128,280 $27,800 $100,480
2018 $6,107 $128,140 $27,660 $100,480
2017 $6,029 $128,140 $27,660 $100,480
2016 $5,640 $122,976 $25,390 $97,586
2015 $5,640 $122,976 $25,390 $97,586
2014 $5,583 $122,976 $25,390 $97,586
Source: Public Records

Agents Affiliated with this Home

  • Amanda Sheehan

    Seller's Agent in 2020

    Amanda Sheehan

    Oxford Realty

    (203) 314-4219

    2 in this area

    174 Total Sales

    Amanda Sheehan
    Section Image
  • Mark Toledo

    Seller's Agent in 2019

    Mark Toledo

    Berkshire Hathaway Home Services

    (860) 301-2339

    193 Total Sales

    Mark Toledo
    Section Image
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Source: SmartMLS

MLS Number: 170306047

SmartMLS

APN: EHAR M:34 L:74

Connecticut Hartford County East Hartford

06118

This home since 15 June 2020. This property was built in 1964. This home is a home located in Hartford County with nearby schools including Governor William Pitkin School, East Hartford Middle School, and East Hartford High School.

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