Listing courtesy of Stanley Gutt (860) 798-5400, Premier Re Group LLC (860) 335-0681
486 Prospect Avenue, Hartford, CT, 06105
12 rooms
4 beds
4 Full baths
1900
Units on different Floors
3,190 sqft
Outstanding four unit investment opportunity in Hartford's West End. Directly across the street from the West Hartford line. First time on the market in 45 years. This well-maintained property has 4 one bedroom apartments, with the potential to convert one of these units into a two bedroom apartment. The property has been well-managed with consistent occupancy, and offers significant rental upside. Current rents remain below Hartford Housing Authority standards; allowing room for a strong increase in NOI. This is an opportunity to acquire a stable multi-family property in a proven rental corridor. Ideal for investors seeking stability, long term cash flow growth, and future appreciation. 3rd floor unit is undergoing updates.
Status:
Coming Soon
Type:
Multi-family
Units:
4
Zoning:
N2-2
Garage:
3-car Detached Garage, Paved, Off Street Parking, Driveway
Heating:
Hot Water
Cooling:
Window Unit
Basement:
Full, Unfinished, Hatchway Access, Interior Access, Full With Hatchway
Parking:
4-car
Acreage:
0.21
Est. Taxes:
$9,687
Assessment
$140,490
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
Middle School:
Per Board of Ed
High School:
Per Board of Ed
MLS #:
24175658
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