$711,500
$699,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
4,575 SqFt
SOLD DATE : 04/21/2026
Key Details
Sold Price $711,500
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,575 sqft
Price per Sqft $155
MLS Listing ID 24157686
Sold Date 04/21/26
Style Other
Bedrooms 7
Full Baths 6
Year Built 1940
Annual Tax Amount $8,966
Lot Size 10,890 Sqft
Property Sub-Type Other
Property Description
This six-unit multifamily property presents a strong investment opportunity with immediate cash flow and a stable tenant base (all units are currently rented). The building consists of five spacious one-bedroom units Apt B, Apt 1A, Apt 1B, Apt 2A, Apt2B and one two-bedroom unit Apt 3A, each with one full bathroom. Three of the one bedroom apartments include a bonus room/office (1A, 2A, 2B). All apartments are fully applianced, the one-bedroom units include in-unit laundry, providing added convenience for tenants. Landlord pays for utilties for units 1A, and B. Apartments 1B, 2A, 2B, and 3A pay for their own heat (electric baseboard) and hot water. The property also includes a seventh income-producing space: a large workshop currently leased to a handyman under a long-term agreement. The handyman can provide the potential benefit of on-site maintenance and grounds support (if needed). Additional highlights include ample off-street parking for up to nine vehicles and a convenient location near Route 6 and the revitalized downtown district, providing easy access to shopping, dining, and local amenities. Based on the current rent roll and expenses, the property operates at approximately an 8% cap rate. A 2025 expense summary is available upon request. There is also potential for additional upside through rent adjustments or through self-management (current expense breakdown allocates for an off site property manager).
Location
State CT
County Hartford
Zoning R-15/R
Rooms
Basement Full, Apartment
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Qin Lin • Sovereign Properties
Nearby Locations
GET MORE INFORMATION

REALTOR® | Lic# RES.0816734

