133 Babcock St - Apartments FOR SALE


Hartford, CT 06106- Frog Hollow
$725,000 USD
203-314-4219
133 Babcock St, Hartford, CT for Sale
$725,000 USD
Apartments - FOR SALE
1/24
null | 9.29% Cap Rate

133 Babcock St
Hartford, CT 06106
Frog Hollow


HIGHLIGHTS

  • 9% CAP
  • 3 Family w/3 Bed Units
  • Large Duplex in Back
  • Separate & Tenant Paid Utilities
  • Renovated in 2023
  • Off-Street Parking

OVERVIEW

Don't miss this turn key, 9% CAP, Frog Hollow opportunity for investment or to owner occupy. Sale features two properties on one parcel. The front building is a brick 3-family with all 3 bed/1 bath units. This property was renovated in 2023 and features EIK, newer/hardwood flooring, lighting, cabinets, bathroom remodels, fixtures, paint, appliances and heating systems. The utilities are separate & tenant paid gas (for heat, HW and cooking) + electric. These units have laundry hook up and pantry as well. The back property is a large duplex with 4 bed and 2 bed unit. This property has low rents = big upside. The utilities are also separate & tenant paid gas (for heat, HW and cooking) + electric. Both properties have asphalt shingle roofs. Cash flow investment with 11% ROI in a desirable location for tenants with easy access to Downtown, Hartford Hospital, Bushnell Park, the highway, public transportation + shops and restaurants.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

5

PRICE/UNIT

$145,000

CAP RATE

9.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn Key 9% CAP Frog Hollow Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

NX-2

APN/PARCEL ID

HTFD-000203-000422-000112

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.