Rare opportunity to obtain 100% occupied, excellent turnkey investment in West End Hartford! 12 income producing units in a highly desirable location. Generate strong cash flow with 9% Cap Rate consisting of a mix of 10 One Bedroom, 1 Two Bedroom, and 1 Studio. All utilities separately metered - each unit with its own boiler and water heater. Tenants pay all utilities with exception of water/sewer/garbage. Updated electrical circuit breakers, vinyl windows, parking lot in back. Well maintained units with great layout, close to shopping, restaurants, park, busline, and Hwy I-84. Initial showing for 1 unit, common areas, and basement only with Listing Agent to be present. Must provide Proof of Funds or Pre-Approval Letter prior to showing request. Do not disturb tenants. Rest of occupied units shown upon accepted offer. Rent Roll and I&E available upon request.
Off market
Street View
Zestimate®
$837,300
784 Capitol Ave, Hartford, CT 06106
7beds
8,490sqft
MultiFamily
Built in 1920
-- sqft lot
$837,300 Zestimate®
$99/sqft
$2,383 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Windows: Thermopane Windows
- Basement: Unfinished, Full
Interior area
- Total interior livable area: 8,490 sqft
Property
Features
- Exterior features: Brick
- Waterfront features: Not Applicable
Lot
- Size: 8,276 sqft
- Features: Level
Details
- Zoning: NX-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other, Units on different Floors
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: Hartford
HOA & financial
Other financial information
- Total actual rent: 649000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Basement: Unfinished, Full
- AssociationYN: 0
- HeatingYN: true
- CoolingYN: true
- Roof: Flat
- NumberOfUnitsTotal: 12
- ConstructionMaterials: Brick
- LotFeatures: Level
- NumberOfUnitsInCommunity: 6
- ArchitecturalStyle: Other, Units on different Floors
- ParkingFeatures: Off Street, Parking Lot
- CommunityFeatures: Park, Shopping/Mall, Commuter Bus
- YearBuiltSource: Public Records
- WindowFeatures: Thermopane Windows
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 649000.00
- Zoning: NX-2
- GrossIncome: 106524
- MlsStatus: Show
- NetOperatingIncome: 64773
- OperatingExpense: 41751
- TaxAnnualAmount: 21274