Price Reduced 15.38%
Price History
$1,300,000
10/18/2022
$1,100,000
8/4/2023
270 Bellevue Street 276, Hartford, CT, 06120
34 rooms
20 beds
8 Full / 4 Half baths
1990
Units are Side-by-Side, Other
9,264 sqft
Investors Take Notice Of This True One Of A Kind Immaculate Turn-Key 8 Unit Up/Down Condo Style Building Built In 1990. Rare To Find Such A Well Maintained Excellent Condition Property To Add To Any Portfolio. A Perfect Investment Property To Take Over And Begin Collecting Positive Monthly Cash Flow Income With Minimal Landlord Expenses. Each Unit Comes With Kitchen, Eating Area, Living Room, In Unit Laundry, Vinyl Windows, Separate Gas Heat Boiler, Water Heater, Electrical Breaker Panel, And Separate Full Basement. The Property Also Features A Fenced Level Lot With Patio Area And 14 Car Private Parking Lot. Just Blocks From Downtown, Restaurants, Dunkin' Park Baseball Field, St Francis Hospital, Bushnell Park, Museums, Easy Access To I-84 And Rte-91 Hwy. Rents Were Kept Extremely Below Market Value Because Occupants Are Members Of A Not-For-Profit Cooperative Structure. All Occupants Are Month-To-Month And Pay All Separate Utilities. Fully Rented And Up To Date Payments. Fair Market Rents Are $1800 For 4 Bedroom Units, $1600 For 3 Bedroom Units, $1400 For 2 Bedroom Units. This Building Comes With (2x) 4 Bed/2 Bath, (4x) 3 Bed/1.5 Bath, (2x) 2 Bed/1 Bath Totaling $153,600 Annual Gross Income. 8.3% Cap Rate. Sold As Is. To Schedule Showing: 24 Hours Notice And Email Proof Of Funds, Prequal Or LOI To Listing Agent Prior To Confirmation. Don't Miss Out On This Amazing Opportunity!
Status:
Active
Type:
Multi-family
Laundry Remarks:
All Units Have Hook-Ups
Units:
8
Zoning:
NX-1
Garage:
Paved, Off Street Parking, Parking Lot
Heating:
Baseboard
Cooling:
None
Energy Features:
Storm Doors, Storm Windows, Thermopane Windows
Basement:
Full, Unfinished
Parking:
14-car
Acreage:
0.47
Est. Taxes:
$25,894
Assessment
$375,550
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
Middle School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
557
MLS #:
170530368
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Michael Truong, eXp Realty Email: michael.truong@exprealty.com