186 Benton Street

Hartford, Connecticut 06114

Status
Sale Pending
Square Feet
7,242
Beds
17
Price
$849,999
Type
Multi-Family For Sale
Garages
Baths
6
MLS
24161875

Price

$849,999

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Interior Details

Interior Size
7,242 Sq Ft
Bedrooms
17
Bathrooms
6
Rooms Total
Garage

Exterior Details

Lot Size
0.14 Acres
Roof
Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$16,854
Assessed Value
$244,440
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

ATTENTION INVESTORS---Welcome to 186-188 Benton Street, a well-maintained, second-generation owned six-family property in Hartford's South End offering strong income potential and desirable upgrades throughout. This property presents a compelling opportunity to achieve immediate, positive yield with additional upside through continued rent optimization. Based on current income and expenses, the property is projected to operate at an attractive capitalization, with the potential for further expansion as rents are adjusted and ancillary income streams are maximized. All units are rented to stable, long-term tenants. All units have been renovated with updated finishes. Five units have been modified to three-bedrooms for increased rental desirability. A new hot water heater, six new boilers, separate tenant-paid utilities, coin-operated washers, off-street parking and secure storage rooms in the basement make this property desirable for tenants and profitable for investors. Check it out today!
Listed by Berkshire Hathaway NE Prop., Karen Kvietkauskas. Data sourced from SmartMLS

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