![]() |
Off the Market
$2,149,000
Multi-Family
5+ Family
36
This listing is courtesy of William Raveis Real Estate
|
The Cozzi Team is pleased to present the opportunity to acquire 36 apartment units in the desirable West End of Hartford with Gross Collected Rents Averaging $28,000+. Sisson Avenue's location and condition with recent capital improvements and occupancy levels offer an investor a superb opportunity to own within Hartford's multifamily market, with upside potential as well. The unit mix consists of 4: 3 bedroom/1 bath units; 14: 2 bedroom/1 bathroom units and 18: 1 bedroom/1 bathroom units. There are also 21 garage units bringing in additional income in addition to a large off street parking lot. This sale also includes one half interest in 495 Farmington Avenue, Hartford, CT; this is the access driveway to the parking lot. The property benefits from a superior location, being only minutes away from the affluent and desirable town of West Hartford and within minutes to I-84 and I-91 highway ramps and Downtown Hartford; walking distance from UCONN School of Law and in close proximity to University of Saint Joseph, University of Hartford, and Lincoln Culinary Institute. RECENT CAPITAL IMPROVEMENTS: Central hot water heater for the building. 21 New garage doors. New fire protection system throughout the buildings. JEMS energy control system. Newer windows (approx 7 years old). Newer roof (approx 7 years old). Many remodeled units. New paint and carpet in the common areas/hallways. Updated landscaping. New fencing in the front and rear
Interior Details25,956 sq. ft.
$82.79/sq. ft.
Gas Range; Refrigerator
Public Sewer
Public Water
Cable Available; Intercom; Internet Available; Smoke Detectors
|
Exterior Details3
21 Garage Spaces
Off-Street; Paved; Unassigned
36
|
Other DetailsG10088305
1926
|
|
|
|
|
|
|
There were 44,986 households out of which 34.4% had children under the age of 18 living with them, 25.2% were married couples living together, 29.6% had a female householder with no husband present,...
Read More