$439,000 ($137.62 per sqft)

Coming Soon

Est. Mortgage $2,134/mo *

Quick Pre-Approval

Listing courtesy of Stanley Gutt (860) 798-5400, Premier Re Group LLC (860) 335-0681


486 Prospect Avenue, Hartford, CT, 06105

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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School Info

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