249 Sisson Ave, Hartford, CT 06105

Multi-Family Home For Sale

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StatusOff the Market Price $2,149,000 Home Type Multi-Family Style 5+ Family Home Type 36 This listing is courtesy of William Raveis Real Estate

Property Description for 249 Sisson Ave, Hartford, CT 06105

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

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