143-145 Putnam St - Apartments FOR SALE


Hartford, CT 06106- Frog Hollow
$700,000 USD
203-314-4219
143-145 Putnam St, Hartford, CT for Sale
$700,000 USD
Apartments - FOR SALE
1/23
null | 11.54% Cap Rate

143-145 Putnam St
Hartford, CT 06106
Frog Hollow


HIGHLIGHTS

  • 21+% ROI
  • Big Unit Mix - Big 2 & 3 Beds
  • Large Corner Lot
  • Turn Key
  • Separate & Tenant Paid Hot Water & Electric
  • Can be Purchased as Part of a Larger Portfolio

OVERVIEW

21+% ROI! Big unit mix in this large corner lot building in Frog Hollow. 6 units with a mix of (3) 3 bed, 1 bath units and (3) 2 bed, 1 bath units. Units are renovated with various updates including some hardwood flooring, kitchen and bath updates, paint and fixtures. The heat is gas and Owner paid. The hot water & cooking are also gas and Tenant paid. The electric is separate & tenant paid. There is some off-street parking in back but mostly on-street parking. Building is low maintenance plus a desirable location for tenants with easy access to Downtown, the highway, public transportation + shops and restaurants. 11.5+% CAP. This property can also be purchased with the following: 18 S Whitney (6 units), 160 Lawrence St (6 units).

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

6

PRICE/UNIT

$116,667

CAP RATE

11.54%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

21+% ROI | Turn Key w/Big Unit Mix

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R4

APN/PARCEL ID

HTFD-000203-000418-000053

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.