$825,000

905 Park Street, Hartford, Connecticut 06106

11,775

Sq.ft

$70

/sq.ft

book showing

Property Description

This is a turn key, 15 unit investment opportunity under one roof. with 11+% CAP! The unit mix consists of: 10 – 1 Bed Units and 5 – 2 Bed Units. the building was renovated in 2017, including: Windows, 15 Furnaces, 15 Hot Water Heaters, Plumbing, Electrical, Gutter Drains and a TYCO Security System w/Camera. The units feature hardwood floors and various bathroom and kitchen updates throughout. There is separate and tenant paid utilities - Gas H & HW + gas stoves for cooking. The electric is updated, separate and also tenant paid. The property has a new gated entrance and some off-street parking available. It also benefits from a tax abatement - currently UNDER $8k per year. *The tax abatement remains in place until July this year them over a 5YR period it comes in 20% per year. So the buyer has exceptionally low taxes presently, and can enjoy at least another 3yrs of very low taxes. (Please ask for additional info. on this).

Features

  • Property Type:

    • Other
  • County:

    • Hartford
  • Year Built:

    • 1920
  • Lot Features:

    • N/A
  • Floor Laundry:

    • No
  • Health Club:

    • No
  • Storage:

    • No
  • Unit Washer-Dryer Allowed:

    • No
  • MLS Name: SmartMLS
  • MLS Number: 170164228
  • Listing Agent: Amanda R Faroni
  • Brokerage: Berkshire Hathaway NE Prop.
  • Last updated: 2019-04-08
  • Last checked: 2019-03-14
  • Listing status: Under Offer

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$825,000

905 Park StreetHartford, Connecticut 06106

0 Bed0 Bath
11,775 Sq.ft$70/sq.ftOther

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